Institutional investors bet big on Solana while BTC outflows persist_WEB3 CATCHER

Institutional investors bet big on Solana while BTC outflows persist

2021-09-03 23:58:37 /

　Institutional investors are loading up on Solana (SOL), with one-third of inflows to crypto investment products being invested in instruments tracking Solana this past week. According to CoinShares’ Aug. 23 Digital Asset Fund Flows Weekly report, $7.1 million flowed into Solana investment products between Aug. 15 and Aug. 20. While the price of SOL gained a megre 1.4% on the spot markets over the same period, SOL has gained 110% from $35.58 since the start of August to trade for $75 as of this writing.

Disclaimer: This specification is preliminary and is subject to change at any time without notice.

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