SOL spot ETFs saw total net outflows of $25.076 million in a single day. According to SoSoValue data, two products accounted for the bulk of the outflows on November 6, U.S. Eastern Time.
Bitwise Solana Staking ETF (BSOL) recorded net outflows of $14.4424 million, while its cumulative net inflows since launch remained at $1.109 billion. Grayscale Solana Trust (GSOL) recorded net outflows of $5.429 million, with cumulative net inflows since launch of $122 million.
· As of publication, SOL spot ETFs had total net assets of $1.308 billion, an SOL net asset ratio of 2.46%, and cumulative net inflows since launch of $1.442 billion.
· The single-day outflow and the $1.442 billion in cumulative net inflows since launch are two different measures; the former covers only subscriptions and redemptions on that day.
These figures do not indicate the direction of future fund flows.
Would you look at the single-day net outflow first, or the net asset ratio?
Bitwise Solana Staking ETF (BSOL) recorded net outflows of $14.4424 million, while its cumulative net inflows since launch remained at $1.109 billion. Grayscale Solana Trust (GSOL) recorded net outflows of $5.429 million, with cumulative net inflows since launch of $122 million.
· As of publication, SOL spot ETFs had total net assets of $1.308 billion, an SOL net asset ratio of 2.46%, and cumulative net inflows since launch of $1.442 billion.
· The single-day outflow and the $1.442 billion in cumulative net inflows since launch are two different measures; the former covers only subscriptions and redemptions on that day.
These figures do not indicate the direction of future fund flows.
Would you look at the single-day net outflow first, or the net asset ratio?
