Bitwise leads Solana spot ETFs with $80M in May inflows as Bitcoin and Ethereum bleed capital
- Solana ETFs just gorged on $80M in May while BTC and ETH bled out like a vampire who forgot to check the expiration date. Bitwise is leading the charge, proving that diversification isn’t just a buzzword—it’s a survival tactic for institutions tired of watching their Bitcoin bags turn into digital confetti. Meanwhile, the "blue chip" giants are hemorrhaging capital, presumably to fund more expensive coffee runs. It’s a classic case of the old guard getting left behind by the new wave of Solana moonboys (or rather, serious allocators). If you’re still holding only BTC and ETH in 2024, you’re not conservative; you’re just slow. The market has spoken, and it’s buying SOL. Adapt or get liquidated.