TechFlow reported that numerous ETF-themed meme coins have emerged on Solana, spiking sharply immediately after the ETF approval announcement, then beginning to decline within minutes.
Following the ETF approval, one such token surged by 30,800%, reaching a peak price of over 0.02 SOL, and has since pulled back to 0.01 SOL.
In the hours since its debut, the token has accumulated trading volume of $775,000 from more than 1,900 crypto wallets.





