🚨 #CoinShares ZLILI submitted an application for staking Solana ETF!
The deal did not happen — the fund hasn't even started. No shares. Just stop.
🔥 Irony: the demand for staked SOL-ETFs is record-breaking:
• #Bitwise — $223M on the first day
• In total in November — $369M inflows
• The market wants SOL at 5–7% APR
📉 Meanwhile, SOL is dropping: $120 — a minimum in 5 months, -60% from ATH. Predictions of $400 have burned — now the question is whether it will even return to $150.
💥 The essence: institutions are buying ETFs, CoinShares is running away, and Solana is still looking for the bottom.
