Solana Rises Amidst Crypto Investment Drawdowns

Crypto investment products experienced outflows of $360 million over the past week, driven by market uncertainty following the Federal Reserve’s comments. Despite this trend, Solana-based ETFs saw significant inflows of $421 million, defying broader market trends. Bitwise’s new Solana staking ETF led these inflows, offering a unique path for institutional investors seeking yield in today’s volatile environment.