Reddit Posts
Solana ETF goes live… but the vibes feel different than past “first day” crypto moments
Mentions
This cycle is nothing remotely close to previous cycles. This is something i don’t think many people are grasping clearly enough. IBIT, ETHA, XRP & 2X XRP leveraged ETF’s, and even BSOL have all been within the most active and top movers on brokerage platforms. And that is HUGE. It doesn’t mean 4 year cycles don’t matter, they do. It means they’re no longer predictable about a specific month (there’s also no specific month like october that says “this must be the bottom”). BTC trading volume and inflows/outflows on platforms like IBKR alone have been absolutely astounding lately, also contributing to why SOL started overextending today. TL;DR — i wouldn’t just sit here waiting for a bottom for a specific month. DCA, because the chances of it just plummeting to $45k within 5-6 weeks is pretty unlikely unless DXY absolutely soars / macro gets completely hostile / positions completely unwind. 4 year cycles are not the same as they used to be
BSOL is a Solana ETF with staking rewards, I got some in my Roth IRA.
HODL my BTC... but stake my SOL via BSOL
Does FSOL have staking? I buy FBTC, FETH, and BSOL wi FB my Roth IRA and HSA
Exactly! BSOL alone already has 350M AUM not to mention GSOL which is harder to analyze as it was already a traded trust but 100M in assets.
Wtf is GSOL? I know BSOL but this is the first time I heard about GSOL