Solana and Hyperliquid ETFs Continue to See New Inflows. Should Investors Be Bullish on SOL and HYPE?
Just as other crypto majors are struggling, these two are exhibiting some strength.
Overview
Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) exchange-traded funds (ETFs) are seeing capital inflows right as spot Bitcoin ETFs shed roughly $8.2 billion across an eight-week outflow streak culminating on July 6, and Ethereum funds joined them in the red. Solana ETFs now hold about $904 million in assets, and Hyperliquid ETFs have pulled in $350 million since May.
So does that mean investors should be bullish on the coins seeing the inflows?
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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