The post Solana beats Bitcoin, Ethereum as SOL ETF inflows hit $6.8M! appeared on BitcoinEthereumNews.com. Solana’s spot ETFs continued their strong run, recording $6.8 million in net inflows on the 10th of November, according to data from Farside Investors. Source: Farside Investors The Bitwise Solana ETF [BSOL] led with $5.9 million, while the Grayscale Solana ETF [GSOL] added $0.9 million. This is Solana’s second consecutive week of steady inflows, bringing its total since launch to $343 million. In contrast, Bitcoin and Ethereum products saw limited activity. Derivatives stay steady Solana’s derivatives data showed steady and balanced sentiment despite strong ETF inflows. Source: Coinalyze OI hovered around $3.4 billion, at press time, so traders maintained consistent exposure without significant liquidations or new leverage. Meanwhile, the Funding Rates averaged -0.0009, a slightly bearish bias but no aggressive shorting activity. Perhaps Solana’s recent strength is being driven more by spot demand and ETF activity than speculative futures trading. This is a healthy setup, showing market maturity too. SOL faces resistance Solana traded at $163 at press time. The SOL was down 2.3% in the past day, with visible weakness on the daily chart. Source: TradingView The RSI showed limited buying strength despite strong ETF inflows. The CMF at 0.00 means neutral capital movement, so inflows weren’t translating into strong spot demand yet. Price action showed consolidation after repeated rejections near $170, so there is resistance in that zone. If SOL fails to hold above $160, a retest of the $150 level looks likely before any fresh attempt at recovery. Source: https://ambcrypto.com/solana-beats-bitcoin-ethereum-as-sol-etf-inflows-hit-6-8m/The post Solana beats Bitcoin, Ethereum as SOL ETF inflows hit $6.8M! appeared on BitcoinEthereumNews.com. Solana’s spot ETFs continued their strong run, recording $6.8 million in net inflows on the 10th of November, according to data from Farside Investors. Source: Farside Investors The Bitwise Solana ETF [BSOL] led with $5.9 million, while the Grayscale Solana ETF [GSOL] added $0.9 million. This is Solana’s second consecutive week of steady inflows, bringing its total since launch to $343 million. In contrast, Bitcoin and Ethereum products saw limited activity. Derivatives stay steady Solana’s derivatives data showed steady and balanced sentiment despite strong ETF inflows. Source: Coinalyze OI hovered around $3.4 billion, at press time, so traders maintained consistent exposure without significant liquidations or new leverage. Meanwhile, the Funding Rates averaged -0.0009, a slightly bearish bias but no aggressive shorting activity. Perhaps Solana’s recent strength is being driven more by spot demand and ETF activity than speculative futures trading. This is a healthy setup, showing market maturity too. SOL faces resistance Solana traded at $163 at press time. The SOL was down 2.3% in the past day, with visible weakness on the daily chart. Source: TradingView The RSI showed limited buying strength despite strong ETF inflows. The CMF at 0.00 means neutral capital movement, so inflows weren’t translating into strong spot demand yet. Price action showed consolidation after repeated rejections near $170, so there is resistance in that zone. If SOL fails to hold above $160, a retest of the $150 level looks likely before any fresh attempt at recovery. Source: https://ambcrypto.com/solana-beats-bitcoin-ethereum-as-sol-etf-inflows-hit-6-8m/