Solana ETFs Log Worst Day Since December as SOL Holds $100
Solana exchange-traded funds recorded their worst daily performance since December while SOL maintained its price above $100.
Solana exchange-traded funds (ETFs) recorded their worst daily performance since December, according to BeInCrypto, even as the underlying token holds above the $100 mark.
Record Pullback for Solana Funds
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The daily decline represents the single worst session for Solana ETF products since December. The drop in fund performance comes amid shifting institutional activity across crypto investment vehicles.
Spot SOL Retains $100 Level
Despite the sharp decline recorded by Solana funds, spot market prices for SOL have managed to maintain support above the key $100 threshold.
Key facts
- Solana ETFs recorded their worst single-day performance since December.
- SOL spot price has maintained its position above the $100 level.
- The drop marks a notable pullback for institutional Solana investment products.
Source: news.google.com
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