Bitcoin is falling, but Solana may be showing where capital is rotating.
$BTC slipped toward $77K after failing to reclaim $80K, while $ETH , $SOL and $XRP also trade lower.
Yet ETF flows tell a different story: Bitcoin ETFs saw roughly $236.5M in outflows on Sept. 1, while Ethereum, XRP and Solana products still attracted inflows.
Capital may be leaving Bitcoin without leaving crypto. $SOL is the divergence I’m watching most closely.