On Nov. 5, U.S. Eastern time, U.S. SOL spot ETFs saw a single-day net outflow of $1.1761 million. Grayscale's GSOL saw $815,100 in outflows, accounting for about 70%.
$SOL Spot ETFs still have $1.333 billion in total net assets, a net asset ratio of 2.51%, and cumulative historical net inflows of $1.467 billion. This outflow isn't large, but the direction is worth watching.
The point to watch is simple: over the next few days, will GSOL's outflow be one-day noise or sustained? Three consecutive days would count as a signal.
#SOL #Cryptocurrency