Odaily Planet Daily News: A report released by cryptocurrency market maker GSR Markets mentioned the Solana ETF's expectations for the rise in SOL prices: In a bull market, the spot Solana ETF will absorb 14% of all capital flows of the spot Bitcoin ETF since its launch in January, and the price of SOL may rise 8.9 times; in a bear market or normal market conditions, the spot Solana ETF is expected to account for 2% and 5% of the capital flows absorbed by the Bitcoin ETF, which will trigger a 1.4-fold or 3.4-fold increase in the price of SOL, respectively. The company said that if the spot Solana ETF included staking reward income, these valuations could be higher. (Cointelegraph)
