| That SOL ETF influx isn't the bull sign you assume it is. Let's take a look at the actual knowledge from Feb 5. Spot ETFs for BTC noticed -$434.15M in outflows. ETH noticed -$80.79M depart. Meanwhile, SOL obtained a tiny +$2.82M inflow. The hype machine is looking this a huge win for SOL. It's not. That influx is a rounding error compared to the half a billion dollars that left the 2 largest belongings. This isn't some large rotation from Bitcoin into Solana. It's just market noise. Don't get tricked into focusing on a tiny green number whereas ignoring the much greater purple ones. Does a $2.82M influx really change your long-term thesis on something? [link] [comments] |
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