GSR — which holds a long position on SOL — reached the '8.9x' estimate on the assumption that the spot Solana ETFs would take in 14% of the flows that the spot Bitcoin ETFs have seen since launching in January, based on their relative market cap size.

  • Quote

Name

GSR — which holds a long position on SOL — reached the '8.9x' estimate on the assumption that the spot Solana ETFs would take in 14% of the flows that the spot Bitcoin ETFs have seen since launching in January, based on their relative market cap size.

Types

Quote

Source URL

https://cointelegraph.com/news/spot-solana-etf-might-9x-the-price-of-sol-gsr-markets

Referenced by

Solana's price could increase up to 9 times if a spot Solana ETF is approved in the US.

Crypto

Claim