The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Bitwise’s CIO Matt Hougan predicts a bullish Q4 for Solana, drawing parallels to Bitcoin and Ethereum’s success with ETP inflows and corporate treasury purchases. With multiple spot SOL ETP filings pending SEC approval and a new $1.65 billion treasury company launching, Solana’s setup appears primed for significant price impact. Hougan highlights Solana’s smaller market cap as a key amplifier for potential inflows.
- Multiple major firms including Bitwise, Grayscale, and VanEck have filed for spot SOL ETPs with SEC decisions expected in October 2025
- Forward Industries secured $1.65 billion to launch a publicly traded SOL treasury company that will purchase and stake SOL tokens
- Solana's $120.8B market cap means equivalent flows would have 20x greater price impact compared to Bitcoin
📎 Read the original article on newsbtc.com
Other Tags: Altcoins, Canary Capital, Jump Crypto, Kyle Samani, Matt Hougan, Tom Lee, Bitwise, Galaxy Digital, VANECK, Multicoin Capital