News

Odaily reported, according to SoSoValue data, yesterday (Eastern US time April 24) there was a total net outflow of $1.1736 million from SOL spot ETFs. Among them, the Fidelity Solana Fund ETF (FSOL) saw a single-day net inflow of $255,700, with the current historical total net inflow reaching $158 million. The VanEck Solana ETF (VSOL) recorded a single-day net outflow of $1.4293 million, with a current historical total net outflow of $299,100. As of press time, the total net asset value of SOL spot ETFs is $883 million, the SOL net asset ratio is 1.77%, and the historical cumulative net inflow has reached $1.019 billion.

Foresight News reported, citing SoSoValue data, that yesterday (April 24, Eastern Time), the total net inflow for XRP spot ETFs reached 6.4382 million USD in a single day. Yesterday, only Bitwise XRP ETF (XRP) recorded a net inflow, with a single-day net inflow of 6.4382 million USD, bringing the current historical total net inflow to 426 million USD.As of press time, the total net asset value of XRP spot ETFs stands at 1.095 billion USD, with an XRP net asset ratio of 1.23%, and the historical cumulative net inflow has reached 1.291 billion USD.

The main reason for the downgrade, according to S&P, is "Belgium's long-term public finance imbalance." In a statement, S&P said Belgium's budget deficit will widen significantly in 2025, while the fiscal consolidation plan for 2026 to 2029 is progressing slowly, leaving the country facing serious fiscal challenges. S&P expects the ratio of Belgian government net debt to gross domestic product to rise from 103% in 2025 to 109% in 2029, with interest expenses also set to grow considerably. S&P also stated that Belgium's reliance on fossil fuels, coupled with an already tight energy supply, makes it vulnerable to the surge in international oil prices caused by the current Middle East conflict, bringing new uncertainty to public finances.