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Solana ETP flows top $500M, CME futures open interest soars: Are new SOL highs next?

Solana CME futures open interest hit $2.16 billion as ETPs drive $500 million inflows. With institutions accumulating while retail stays cautious, are institutions quietly leading the charge?

Key takeaways:

CME open interest for SOL hit a record $2.16 billion, signaling strong institutional activity.

Retail traders remain cautious after $307 million in liquidations, keeping leverage muted.

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Source: Cointelegraph →