TOKENPOST
1 min read
Add as a preferred source on Google

Solana Funds Lose $25.5 Million for Second Straight Week

Their only positive session from Oct. 1 through Oct. 16 brought a $1.3 million net inflow.

By Enna Lee
Published
Mentioned assets
Silver tokens slide away from a pale stone tray / TokenPost.ai
Silver tokens slide away from a pale stone tray / TokenPost.ai

U.S. spot Solana (SOL) funds recorded $25.5 million in net outflows in the week ended Oct. 16, extending losses to a second consecutive week after a $24.81 million outflow in the week ended Oct. 9.

The funds took in $1.3 million on Oct. 2, their only net-inflow session between Oct. 1 and Oct. 16.

Weekly net flows measure money entering and leaving tracked funds. They do not show which investors redeemed shares or why.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…