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2026-07-23：The Institutional Base Builds: BTC Dominates ETF Flows Amid Escalating Tokenized Equity Concentration on Solana
Bitcoin is absorbing more than a billion dollars of ETF demand, yet the market refuses to fully break higher. Solana now commands roughly 97% of global on-chain spot stock volume, but its chart is flashing a short setup instead of a victory lap. Chainlink whales are quietly taking more than 14 million tokens off the table, while price action still points lower. And underneath it all, a $35 million bridge exploit wave, a $10 billion stablecoin contraction, and a prediction market repricing of crypto legislation are reshaping the risk map. Is this the foundation of the next institutional cycle…
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