
Spot Solana ETFs Log 11 Weeks of Inflows as Analyst Eyes $150
- —US spot SOL ETFs have amassed ~4.37 million SOL worth $450 million since July 13
- —Weekly inflows hit $188.21 million for the week ending September 27, a 10-month high
- —Bitwise's BSOL led with $128.46 million, followed by GSOL at $28.06 million and FSOL at $17.59 million
- —Cumulative net inflows reached $1.62 billion, with net assets at $1.93 billion, or 2.76% of SOL's market cap
Why it matters: Sustained ETF demand tightens SOL supply, but a move toward $150 requires a break above the $125 resistance.
Source: CoinGape