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Bitcoin ETFs Soar to Record Inflows as Solana Proposes Token Reduction

Guavy AI Editorial Team
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BTC SOL
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Bitcoin spot ETFs saw a significant surge in net inflows, totaling $730.87 million yesterday. The highest daily net inflow was recorded by BlackRock's IBIT at $453.96 million, with a total historical net inflow of $63.94 billion.

The second-highest net inflow was for Ark Invest and 21Shares' ETF ARKB, at $137.74 million. In contrast, VanEck's ETF HODL saw the largest daily net outflow at -$19.58 million.

Solana validators have proposed two governance proposals that could reduce SOL issuance by approximately 18.9 million tokens over six years if implemented. This would result in a reduction of around $1.4 billion to $1.5 billion in supply.

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