#ETF资金动向 Looking back at the journey over the years, the approval of the Solana spot ETF is truly thought-provoking. I still remember the excitement when the Bitcoin ETF application was first submitted, and now seeing this news, it feels like history is repeating itself. This time, 21Shares launched TSOL, which not only received approval for trading but also supports staking, truly keeping up with the times.

This reminds me of the scene when the Ethereum futures ETF was launched back then. The market reaction was enthusiastic, but there were also quite a few doubts. In hindsight, these innovative products have indeed brought more institutional funds and liquidity to the crypto market.

However, everything has two sides. While ETFs lower the entry barrier, they may also increase market volatility. I remember after the launch of Bitcoin futures in 2017, the market experienced a sharp drop. So, regarding the Solana ETF, we should recognize its positive significance, but also be wary of the potential risks.

Reviewing the history of crypto ETFs, from the early Bitcoin trusts to spot ETFs, and now to ETFs that support staking, every step has witnessed the progress of the industry. But it also reminds us to remain rational amid the excitement, as the lessons of euphoria in bull markets and the aftermath in bear markets are still fresh in our minds.

Overall, the approval of the Solana ETF is good news, indicating growing mainstream recognition of crypto assets. But investors should still act cautiously and practice sound risk management. After all, in this industry, opportunities and risks always go hand in hand.