Odaily Planet Daily News: Bloomberg ETF analyst Eric Balchunas posted on X platform that since the launch of the spot ETF in July, SOL has fallen by 57% (probably one of the worst issuance timings in ETF history), but these ETFs still attracted a total of $1.5 billion in inflows, with little to no significant redemptions. Additionally, about 50% of the assets come from institutional investors who file 13F reports—indicating a very serious and professional investor base. Both points are very positive signals for the future.
Odaily: The 13F report is a quarterly holdings report required by the U.S. Securities and Exchange Commission (SEC) from institutional investors managing over $100 million, in accordance with the Securities Exchange Act.
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