US spot Solana ETFs just posted their largest weekly outflow since launch.
According to SoSoValue, U.S. spot $SOL ETFs saw $71.47 million in net outflows across the October 26–30 trading week, the biggest weekly withdrawal since the products launched. Bitwise’s BSOL led with about $45.82 million out, followed by Grayscale’s GSOL at about $25.71 million, while Morgan Stanley’s MSOL booked a small roughly $49,300 inflow.
Across the complex, net assets stood near $1.40 billion, about 2.49% of SOL’s market cap, with cumulative net inflows still around $1.47 billion. That week was the fourth straight of outflows. Flows track share creations and redemptions, not a price forecast.
#Solana #ETF #Crypto
DYOR. Not financial advice.
According to SoSoValue, U.S. spot $SOL ETFs saw $71.47 million in net outflows across the October 26–30 trading week, the biggest weekly withdrawal since the products launched. Bitwise’s BSOL led with about $45.82 million out, followed by Grayscale’s GSOL at about $25.71 million, while Morgan Stanley’s MSOL booked a small roughly $49,300 inflow.
Across the complex, net assets stood near $1.40 billion, about 2.49% of SOL’s market cap, with cumulative net inflows still around $1.47 billion. That week was the fourth straight of outflows. Flows track share creations and redemptions, not a price forecast.
#Solana #ETF #Crypto
DYOR. Not financial advice.
