Crypto ETFs Attract Record $1.3B Inflows as Solana Price Holds Steady
Crypto ETFs saw their sixth consecutive week of inflows, attracting $1.3 billion in investment last week alone, according to recent data.
The four-week average reached a high of $1.5 billion, with the largest Bitcoin ETF, IBIT, raising $3.4 billion over this period.
This influx of funds into crypto ETFs is a positive sign for the broader market, which saw a 0.79% decline to $2.63 trillion last week.
Solana (SOL) price held steady above $100, but its long-term prediction may continue to fluctuate within its current range unless it breaks through resistance at $110.