🔥 Solana: Launch of the First Exchange-Traded Fund Linked to SOL (Strong News)
📌 Reuters reported that Bitwise launched the first exchange-traded fund linked to Solana in America, which has made other companies "accelerate" to launch similar products for other currencies like XRP.
According to Reuters, the fund attracted significant inflows in its first week.
✅ Why does it matter to traders?
Any expansion in "fund" products usually means higher institutional demand.
It raises the likelihood of rapid upward/downward waves on SOL during news.
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