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The REX-Osprey Solana staking ETF (SSK) exceeded $200 million in cumulative flows for the first time on Sept. 11, driven by Solana’s strong performance. Despite initial struggles, institutional sentiment towards Solana-focused products shifted in late August, with significant inflows seen in Solana exchange-traded products. This institutional interest coincided with Solana’s growth in the DeFi ecosystem, leading to a 20% price increase in September.
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