Gate News Report, March 6 — Bloomberg ETF analyst Eric Balchunas posted on X platform that since the launch of the spot ETF in July, SOL has fallen 57%, which is probably one of the worst issuance timings in ETF history. However, these ETFs still attracted a total of $1.5 billion in inflows, with little to no significant redemptions. Additionally, about 50% of the assets come from institutional investors that file 13F reports, indicating a very serious and professional investor base. Eric Balchunas believes these two points are very positive signals for the future. The 13F report is a quarterly holdings report filed with the U.S. Securities and Exchange Commission (SEC) by institutional investors managing over $100 million, as required by the Securities Act.
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