PANews reported on November 6th that, according to SoSoValue data, the US-based Solana spot ETF saw a net inflow of $9.7 million on November 5th, marking its seventh consecutive day of inflows. Specifically, Bitwise BSOL saw a net inflow of $7.46 million, and Grayscale GSOL saw a net inflow of $2.24 million. Currently, the Solana spot ETF has a total net asset value of $531 million, with a cumulative net inflow of $294 million, representing 0.59% of the total market capitalization of SOL. Additionally, the Hedera spot ETF saw a net inflow of $1.92 million, while the Litecoin ETF saw no new inflows.PANews reported on November 6th that, according to SoSoValue data, the US-based Solana spot ETF saw a net inflow of $9.7 million on November 5th, marking its seventh consecutive day of inflows. Specifically, Bitwise BSOL saw a net inflow of $7.46 million, and Grayscale GSOL saw a net inflow of $2.24 million. Currently, the Solana spot ETF has a total net asset value of $531 million, with a cumulative net inflow of $294 million, representing 0.59% of the total market capitalization of SOL. Additionally, the Hedera spot ETF saw a net inflow of $1.92 million, while the Litecoin ETF saw no new inflows.

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more