🚨 SOLANA ETFs JUST RECORDED THEIR BIGGEST WEEKLY OUTFLOW EVER!
A massive $71.47 MILLION in net withdrawals hit US spot Solana ETFs between October 26–30.
Here's the breakdown:
• Bitwise (BSOL): $45.82M outflow
• Grayscale (GSOL): $25.71M outflow
• Morgan Stanley (MSOL): Just $49.3K inflow
Despite this record exit, cumulative ETF inflows remain around $1.47 BILLION, with approximately $1.40B in net assets.
This is a record redemption week, not proof that $71.47M of SOL was directly dumped on the open market.
Is institutional confidence in $SOL cooling, or is this just a temporary shakeout? 👀
A massive $71.47 MILLION in net withdrawals hit US spot Solana ETFs between October 26–30.
Here's the breakdown:
• Bitwise (BSOL): $45.82M outflow
• Grayscale (GSOL): $25.71M outflow
• Morgan Stanley (MSOL): Just $49.3K inflow
Despite this record exit, cumulative ETF inflows remain around $1.47 BILLION, with approximately $1.40B in net assets.
This is a record redemption week, not proof that $71.47M of SOL was directly dumped on the open market.
Is institutional confidence in $SOL cooling, or is this just a temporary shakeout? 👀
