qinbafrank|Nov 22, 2025 13:57
Really curious about the sharp drop in the crypto market since the end of October, but why has Solana's ETF been seeing continuous net inflows (while BTC and ETH have been seeing daily net outflows during the same period)? The total net inflow has already reached $500 million, and Sol's spot ETF now holds nearly 1% of Sol's supply. Meanwhile, Sol's contract open interest on CME has dropped by nearly 4 million, so it doesn't seem like arbitrage funds. What's the reason behind this? Who could be buying? Or is there some other inside story? Anyone in the know care to share?
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink