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That SOL ETF inflow isn't the bull signal you think it is.

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That SOL ETF inflow isn't the bull signal you think it is.

Let's take a look at the actual knowledge from Feb 5. Spot ETFs for BTC noticed -$434.15M in outflows. ETH noticed -$80.79M depart. In the meantime, SOL acquired a tiny +$2.82M inflow.

The hype machine is looking this an enormous win for SOL. It's not. That inflow is a rounding error compared to the half a billion dollars that left the two largest belongings. This isn't some large rotation from Bitcoin into Solana. It's just market noise. Don't get tricked into specializing in a tiny green number while ignoring the a lot greater purple ones.

Does a $2.82M influx actually change your long-term thesis on anything?

submitted by /u/CryptoAxiomLab
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