According to ChainCatcher, on-chain data from Arkham shows that at 03:43, a total of 216,700 SOL was transferred from BitGo Custody to the Fidelity FSOL ETF.
This is a strong signal of institutional activity around Solana. Large transfers into ETF-related custody often indicate growing confidence, long-term positioning, and increasing demand from traditional finance players.
Institutional adoption of $SOL is clearly accelerating, and moves like this don’t happen without deep conviction.
Are institutions quietly positioning before the next major move?
Smart money usually moves first. 👀🔥
Bullish for Solana 🚀
What’s your take on this transfer?$SOL
SOL
128.06
-0.40%