Digital Asset Funds Flows (WEEKLY | by 31’May) FLOW : | Perrier on Binance Square

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Digital Asset Funds Flows (WEEKLY | by 31’May)
FLOW :        185 millions $  // IN //
MA13  :       573 m $
2024    : 15,096 m $
$BTC $FET $SOL #BTCETFS #ETHETFS 

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+4.12%

SOL

135.9

+4.86%

FET

1.413

+9.28%

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Digital Asset Funds Flow (WEEKLY | by 12Jul’24) FLOW IN : 1,439 millions $ 2024 : 17,799 m $ { *Perrier’s highlight:* MA13 back to uptrend , from 15May till 5Jul had been in downtrend while $BTC price was much more volatile , DAFF MA13 is good long term indicator } $SOL $FET #BTC

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Digital Asset Funds Flow (WEEKLY | by 07Jun’24) FLOW IN : 2,038 millions $ 2024 : 17,132 m $ {4th highest in-flow this year although $BTC sideways, Meme and AltCoin diving } _______ $SOL $FET #BTC

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Digital Asset Funds Flows ( WEEKLY | M) FLOW : 1,050 millions $ MA13 : 700 m $ 2024 : 14,909 m $ $BTC Closed at : $71,229 —by-24May’24—long-term-indicator— #BTCETFS #ETHETFS

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Me : “ What’s the next crypto coin ETF with the highest possibility be approved by SEC ?” Meta AI : “Solana (SOL) ETF. $SOL Here's why: 1. Filings: Several asset managers, including VanEck, Fidelity, and Grayscale, have filed for Solana ETFs with the SEC. 2. Market capitalization: Solana is the 6th largest cryptocurrency by market capitalization, making it a significant player in the crypto space. 3. Institutional interest: Solana has gained traction among institutional investors due to its fast transaction times, low fees, and decentralized finance (DeFi) capabilities. 4. Regulatory environment: The SEC has shown a willingness to approve ETFs for cryptocurrencies with a clear regulatory framework, and Solana's decentralized nature and transparent governance structure may align with the SEC's requirements. 5. Precedent: The approval of Ethereum ETFs sets a precedent for other top cryptocurrencies like Solana, which shares similarities with Ethereum in terms of its decentralized and programmable blockchain. Keep in mind that the SEC's approval process is unpredictable, and other factors like market conditions, investor demand, and competition from other asset classes can influence the approval timeline.”

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