Solana spot ETFs have yet to record weekly outflows since their listing, yet the price of the token has been in a downswing. Trading at the $117 level, solana is down 37.8% from October when the funds launched, astonishing some since the investment vehicles drew in $884.4 million in cumulative inflows and haven’t recorded a weekly outflow. {chart} Solana’s ETF inflows are a supportive signal, but they aren’t the marginal price setter for the token, according to Simon Shockey, an analyst at Delphi Digital. “The ETF wrapper is still small versus the market that actually determines the clearing price – especially ... (full story)