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Solana ETF booming: $197M in 4 days while Bitcoin and Ethereum bleed
The situation is reversed. While BTC and ETH are losing $289.8 million combined in flows, Bitwise’s Solana ETF is pulling in $197 million just in the first 4 days of trading.
What’s happening? SOL is attracting institutional money that BTC and ETH can’t hold onto right now. The network is heating up:
Analysts are watching a critical zone: SOL fluctuating between $173-$180 (Fib 0.5 retracement level). If it holds there, it could be a strong support. If not, the next target is lower.
This movement shows institutions are betting on alternatives while Bitcoin faces selling pressure. Typical of a cycle where capital rotation starts to become very valuable.