Solana ETF is trading 5.7% down today as Bitcoin slides below the key $70,000 level, triggering broad risk-off sentiment across digital asset markets.

  • Spot Bitcoin ETFs have recorded 11 consecutive days of outflows, with total redemptions exceeding $3.4 billion.
  • Selling pressure is being driven by geopolitical tensions surrounding U.S.–Iran relations and Bitcoin movements linked to the Mt. Gox estate.