Here’s a short-form version of your SOL ETF article:
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SOL Pumped 7% on "ETF" News — But It's Not What You Think 🤔
Solana surged to $161 after news of a new "ETF" — but here's the reality check:
🔍 Not a real ETF
→ It's a C-corp investment product with double taxation
→ Bypasses SEC approval, unlike BTC/ETH spot ETFs
📉 Institutional Demand Still Weak
→ Grayscale’s GSOL has only $75M AUM after 2 years
→ Compare that to ETH’s $10B before its ETF launch
💸 Supply Pressure Building
→ $585M SOL unlocking soon
→ Pump.fun already dumped $404M in 2025
→ Network revenue down 90% since Jan
📊 Futures Traders Cautious
→ Funding rates low despite 12.5% pump
→ No signs of strong bullish leverage
💬 Bottom Line:
This was an overhyped pump. Without real ETF approval or network growth, rallies like this won't last.
#Solana #solana #CryptoNews #ETF #RealityChe $BTC
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