U.S. Spot Solana ETFs Post $2.83 Million in Net Inflows
The latest daily data shows U.S. spot Solana exchange-traded funds extended their inflow streak to four consecutive days, with Bitwise recording the largest contribution at $3.18 million.
Summary
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Terms & Concepts
Spot ETF: An exchange-traded fund that holds the underlying asset directly rather than using derivatives, giving investors market exposure through traditional brokerage accounts.
Net inflows: The amount of new money entering a fund after subtracting redemptions, often used to gauge investor demand.
Solana: A blockchain network designed for high-speed transactions and decentralized applications.