Pando Finance has officially launched its second spot Solana (SOL) exchange-traded fund (ETF) on the Hong Kong Stock Exchange (HKEX), offering traditional and institutional investors streamlined access to Solana through conventional brokerage accounts.
The crypto market has suffered a sharp risk-off reversal, plunging sharply as a combination of hawkish macroeconomic data, technical liquidations, and heavy spot ETF outflows wiped out over $1 billion in derivatives positions across a brutal 24-hour window.
Financial heavyweight Citi has officially revised its long-term price target for Bitcoin to $113,000, pointing to a powerful structural reversal in exchange-traded fund (ETF) flows and deepening macroeconomic integration as primary catalysts.
Major protocols across the ecosystem are preparing to release more than $900 million worth of locked tokens into circulation during the fourth week of the month, introducing notable tests for liquidity and short-term price discovery.
Following weeks of erratic flows, U.S. spot Bitcoin exchange-traded funds (ETFs) have rebounded sharply, highlighted by a massive $517.2 million single-day net inflow session on August 19 — marking the strongest daily influx in over three and a half months.