On July 8, the first US-listed spot Solana ETF – Rex-Osprey Solana + Staking ETF (SSK) – recorded $21M in net inflows. Impressively, this pushed its total inflows to a hefty $41.2M in the first four days of launching.
That single-day surge surpassed the $2.02M raised in the previous three trading sessions, effectively more than doubling the total inflows into the ETF.
This is fantastic news for Solana. SSK’s ability to attract more users and capital significantly boosts the network’s visibility, liquidity, and overall credibility, positioning it for even greater success moving forward.
As such, it’s highly bullish for Solana-based projects, like Snorter Token ($SNORT). Already, it has nearly raised $1.7M owing to being the backbone of a novel Telegram trading bot slated to launch in Q3 2025.
Solana ETFs Still Lag Behind Bitcoin & Ethereum
Still, SSK’s footprint remains relatively small compared to Bitcoin and Ethereum ETFs.
Despite doubling on July 8, the $41.2M in inflows represents just 0.5% of Solana’s market cap, far below Bitcoin’s 0.34% and Ethereum’s 0.3% penetration rates during their ETF launches.
This gap primarily stems from SSK’s structure. Around 40% of its assets are tied to offshore Solana ETFs, whereas the rest is directly invested in $SOL.
Also not working in its favor is that it carries the highest fee amount of other US crypto ETFs at 0.75%. Additionally, it launched with a $600K seed basket (the initial pool of assets), far less than the $300M+ seeded by ETF giants like Fidelity and BlackRock.
The SSK ETF’s impressive doubling highlights the growing early institutional interest in Solana.
Should the SEC approve pending Solana ETF applications from Franklin Templeton, VanEck, and Grayscale, it could trigger a fresh wave of capital into the network.
As demand for the blockchain continues to rise, Solana-based projects like $SNORT are poised to benefit from the increased activity. Now could be the perfect time to explore these low-cap opportunities before they gain significant traction.
Snorter Bot Telegram Trading Bot Eyes Solana Debut
$SNORT is the backbone of Snorter Bot, a crypto trading bot currently under development.
Built directly on Telegram, it promises to make trading the best meme coins faster, safer, and easier.
The bot will enable you to manage every part of your trading strategy from the fourth-largest messaging app worldwide: spot new tokens, snipe launches, place trades, and set stop losses.
All will be achieved without compromising security. Snorter Bot will include real-time honeypot detection, rug pull alerts, and MEV protection. By doing so, it’ll shield you from malicious tokens and front-running attacks so that you don’t get caught off guard.
Given that $2.2B in crypto was stolen last year, protective trading platforms like Snorter Bot have never been more necessary.
It’ll initially go live on Solana to take advantage of the network’s low fees and high-speed transactions. After that, it’ll expand to EVM-compatible chains like Ethereum, BNB Chain, Avalanche, and Arbitrum.
With fees as low as 0.85% for $SNORT holders, it’ll undercut top trading bots like Trojan and Maestro, which typically charge 1%.
Beyond granting reduced fees, $SNORT also unlocks governance rights (anticipated around Q4 2025), additional premium features, and high-yield staking rewards, currently offering a 218% APY, which is not to be overlooked.
In fact, there’s no better time to lock up some $SNORT. As more investors join the project, this percentage is likely to decrease, resulting in higher returns while also enhancing the ecosystem’s sustainability.
It’s no wonder $SNORT has quickly raised $1.6M+ on presale in just a few months and shows no signs of slowing down.
Buy $SNORT for Possible 861% Returns
Solana’s recent ETF inflows are a clear sign of growing institutional interest, signaling a strong upward trend for the network.
With the potential approval of more ETF applications by the SEC, even greater capital could flow into the blockchain. This bodes well for Solana-based projects like Snorter Token ($SNORT), which stand to benefit from the increased activity and investment.
This is not financial advice. Always do your own research (DYOR) and make informed decisions based on your own risk tolerance. Never invest more than you can afford to lose, as the markets can be volatile and unpredictable. Your financial future is in your hands, so take the time to evaluate opportunities carefully
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