U.S. spot Solana Exchange-Traded Funds (ETFs) recorded a net inflow of $14.59 million, the largest single-day inflow in three weeks, indicating renewed institutional interest in Solana. This inflow is a significant increase compared to $8.8 million on August 10 and $2.1 million on August 19. Total net assets in these ETFs approach $900 million, with cumulative inflows between $1.15 billion and $1.16 billion. This trend may positively influence Solana's market price, and investors should watch for further inflows, regulatory updates, and price movements that could affect Solana's trajectory.
South Korean financial firm Shinhan Asset Management has introduced a pilot tokenized fund on the Solana blockchain, denominated in Korean won and focused on ultra-short-term bonds for offshore investors. This project replicates BlackRock's successfu...
Bitcoin surged close to $75,000, rising nearly 8% in 24 hours and 18% over the past week, fueled by a wave of short liquidations exceeding $4 billion in two days. This rapid price increase forced bearish traders to close positions, adding momentum to...
Solana's price jumped nearly 20% last week, reaching $91 before settling near $89, driven by the US Treasury doubling bond buybacks to boost market liquidity. This policy shift sparked renewed investor confidence, leading to $14.58 million in net inf...
Shinhan Asset Management signed a four-party memorandum to test a Korean won-denominated tokenized investment fund using the Solana blockchain. The pilot project covers investor verification, token issuance, distribution, and onchain liquidity, invol...
Bitcoin surged above $75,000, marking a 20% gain over four days and reaching its highest level since late May. This rally outpaced Ethereum and Solana, driven by a strong reaction from key support levels and significant short squeezes that liquidated...
