On July 8, the primary US-listed spot Solana ETF – Rex-Osprey Solana + Staking ETF (SSK) – recorded $21M in internet inflows. Impressively, this pushed its whole inflows to a hefty $41.2M within the first 4 days of launching.
That single-day surge surpassed the $2.02M raised within the earlier three buying and selling periods, successfully greater than doubling the whole inflows into the ETF.
That is incredible information for Solana. SSK’s capacity to draw extra customers and capital considerably boosts the community’s visibility, liquidity, and general credibility, positioning it for even larger success transferring ahead.
As such, it’s extremely bullish for Solana-based tasks, like Snorter Token ($SNORT). Already, it has practically raised $1.7M owing to being the spine of a novel Telegram buying and selling bot slated to launch in Q3 2025.
Solana ETFs Nonetheless Lag Behind Bitcoin & Ethereum
Nonetheless, SSK’s footprint stays comparatively small in comparison with Bitcoin and Ethereum ETFs.
Regardless of doubling on July 8, the $41.2M in inflows represents simply 0.5% of Solana’s market cap, far beneath Bitcoin’s 0.34% and Ethereum’s 0.3% penetration charges throughout their ETF launches.
This hole primarily stems from SSK’s construction. Round 40% of its belongings are tied to offshore Solana ETFs, whereas the remainder is straight invested in $SOL.
Additionally not working in its favor is that it carries the very best payment quantity of different US crypto ETFs at 0.75%. Moreover, it launched with a $600K seed basket (the preliminary pool of belongings), far lower than the $300M+ seeded by ETF giants like Constancy and BlackRock.
The SSK ETF’s spectacular doubling highlights the rising early institutional curiosity in Solana.
Ought to the SEC approve pending Solana ETF purposes from Franklin Templeton, VanEck, and Grayscale, it may set off a contemporary wave of capital into the community.
As demand for the blockchain continues to rise, Solana-based tasks like $SNORT are poised to learn from the elevated exercise. Now might be the right time to discover these low-cap alternatives earlier than they achieve important traction.
Snorter Bot Telegram Buying and selling Bot Eyes Solana Debut
$SNORT is the spine of Snorter Bot, a crypto buying and selling bot presently underneath growth.
Constructed straight on Telegram, it guarantees to make buying and selling the most effective meme cash sooner, safer, and simpler.
The bot will allow you to handle each a part of your buying and selling technique from the fourth-largest messaging app worldwide: spot new tokens, snipe launches, place trades, and set cease losses.
All can be achieved with out compromising safety. Snorter Bot will embody real-time honeypot detection, rug pull alerts, and MEV safety. By doing so, it’ll defend you from malicious tokens and front-running assaults so that you just don’t get caught off guard.
On condition that $2.2B in crypto was stolen final 12 months, protecting buying and selling platforms like Snorter Bot have by no means been extra crucial.
It’ll initially go stay on Solana to benefit from the community’s low charges and high-speed transactions. After that, it’ll develop to EVM-compatible chains like Ethereum, BNB Chain, Avalanche, and Arbitrum.
With charges as little as 0.85% for $SNORT holders, it’ll undercut high buying and selling bots like Trojan and Maestro, which usually cost 1%.
Past granting diminished charges, $SNORT additionally unlocks governance rights (anticipated round This autumn 2025), extra premium options, and high-yield staking rewards, presently providing a 218% APY, which isn’t to be missed.
In reality, there’s no higher time to lock up some $SNORT. As extra traders be a part of the venture, this proportion is prone to lower, leading to larger returns whereas additionally enhancing the ecosystem’s sustainability.
It’s no surprise $SNORT has shortly raised $1.6M+ on presale in just some months and exhibits no indicators of slowing down.
Purchase $SNORT for Attainable 861% Returns
Solana’s current ETF inflows are a transparent signal of rising institutional curiosity, signaling a robust upward pattern for the community.
With the potential approval of extra ETF purposes by the SEC, even larger capital may move into the blockchain. This bodes nicely for Solana-based tasks like Snorter Token ($SNORT), which stand to learn from the elevated exercise and funding.
This isn’t monetary recommendation. At all times do your personal analysis (DYOR) and make knowledgeable selections primarily based by yourself danger tolerance. By no means make investments greater than you possibly can afford to lose, because the markets will be unstable and unpredictable. Your monetary future is in your palms, so take the time to judge alternatives fastidiously
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