Add as a preferred source on GoogleU.S. Spot Solana ETFs Extend Outflow Streak to Six Trading Days
The funds posted $0.7 million in combined net outflows on Oct. 12, with VSOL accounting for the entire withdrawal and no fund recording an inflow.
U.S. spot Solana (SOL) ETFs recorded $0.7 million in combined net outflows on Oct. 12, extending their withdrawal streak to six consecutive trading days.
VanEck Solana ETF (VSOL) accounted for the full outflow. Bitwise Solana Staking ETF (BSOL), FSOL, TSOL, SOEZ, MSOL and GSOL each posted zero net flow, leaving no fund with an inflow during the session.
The daily outflow eased from the $3.8 million withdrawal recorded on Oct. 9. The current streak began Oct. 5 and continued through Oct. 6, Oct. 7, Oct. 8, Oct. 9 and Oct. 12.
Over the last five trading days, U.S. spot Solana ETFs recorded $16.5 million in combined net outflows.
Despite the recent outflows, cumulative net flow since launch stood at $1.574 billion as of Oct. 12.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.