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The latest ETF data shows institutional investors aren’t just leaning into Bitcoin and Ethereum anymore—they’re rotating into altcoins at scale. On October 29, a spot Solana ETF launched and pulled in $69.5 million in its first day of trading.
Meanwhile, Bitcoin and Ethereum funds saw more than half a billion dollars in redemptions in a single session, signaling a shift in strategy after the Federal Reserve’s latest rate moves. Analysts say this rotation could mark the start of the next leg up for “innovative” protocols as Bitcoin struggles to reclaim key resistance around $113,000.
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Sponsored Content
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Poll Of The Day
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Are you considering shifting part of your crypto exposure toward altcoins based on this ETF rotation?
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Fun Fact Of The Day
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On the first day of trading, Bitwise’s spot Solana ETF attracted $69.5 million in inflows—more than five times the debut of its nearest rival.
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