RESERVE $ETH IS A BRIGHT SPOT - $SOL WHAT ABOUT?
Recently, the positive cash flow with #ETH is very evident, with total reserves reaching 12 billion USD. The cash flow from ETH ETFs in recent days has also been very strong, with the most recent inflow exceeding 200M$/day, even surpassing $BTC .
In addition to ETH, #SOL is the next Altcoin approved for an ETF by OspreyFunds, currently having a relatively small flow but also showing positive signs.
*How are listed companies holding Solana as of August 2025?
- Upexi: The number one giant, holding 1.9 million SOL purchased at an average of $168.63. Current value $319.9M, slight loss of $0.9M.
- DeFi Dev Corp: 1.18 million SOL at a cost price of $137.07. Value $198.9M, profit $36.8M - the most successful case thanks to a good buying time.
- SOL Strategies: 392,667 SOL at a cost price of $158.12. Value $66M, profit $3.9M - a strategy of steady buying, low volatility.
- Torrent Capital: 40,039 SOL at a cost price of $161.84. Value $6.7M, profit $0.2M - small position but still green.
=> In total, these 4 companies are holding over 3.5 million SOL (~0.65% of the circulating supply), worth $591.1M.
=> Overall, the ETF for Solana does not show positive signs yet, but the pace of SOL treasury reserve purchases is showing more positive signs, which may make this trend easier to implement and more attractive than ETFs at this time.
