However, some other cryptocurrencies are climbing those ranks as well. That includes Solana. As of late Tuesday, Solana sported a market value north of $63.4 billion. That makes it the fifth-largest digital asset by that metric. Some ETF issuers have filed for spot Solana ETFs, and while it remains to be seen whether the Securities and Exchange Commission (SEC) allows those products to come to life, those filings are an example of professional investors seeing validity in the cryptocurrency. Other data points indicate institutional investors believe in Solana. CoinShares’ latest weekly report notes that Solana-linked investment products are on a two-week inflow streak, bringing the year-to-date tally to $47 million. Interestingly, those inflows have accrued against the backdrop of outflows from comparable bitcoin and ether products.
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