Solana loses $11.1 million from the US ETFs: here are the reasons

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The US spot ETFs on Solana lost a net $11.1 million on September 30, ending a record week of $188 million. The price stands at $117.66, and the switch to Alpenglow runs over epoch boundaries in October rather than a date.The Solana price prediction for October hangs on one number from the previous day: the US spot ETFs on Solana lost money on net on September 30 instead of taking any in. That ends a run which carried the price through September. The price stands at $117.66, or €104.21, at around 14:47 German time on October 1, after a daily high of $122.60. Over seven days there is still a gain of 4.1 percent, and over 30 days one of 15.3 percent. That contradiction is the real question of the day. What is behind it can be pinned down in three places: the figures from the fund houses, the rhythm of a network that is switching its consensus in October, and the question of what an investor in Germany can actually do with any of it. All three have a date, and all three have a numbe...