U.S. Spot Solana ETFs Post $6.7 Million Outflow for 11th Straight Session

U.S. spot Solana (SOL) exchange-traded funds posted $6.7 million in net outflows on Oct. 19, extending their withdrawal streak to 11 trading sessions while cumulative net inflows remained positive.

Bitwise Solana Staking ETF (BSOL) accounted for $4.9 million of the day’s outflows, and FSOL recorded $1.8 million. VSOL, TSOL, SOEZ, MSOL and GSOL had zero net flow. None of the funds posted a net inflow.

The daily outflow was smaller than the $12.7 million recorded on Oct. 16, the previous trading day. Across the five sessions from Oct. 13 through Oct. 19, the funds posted a combined $31.5 million in net outflows.

The 11-session streak spans Oct. 5-9, Oct. 12-16 and Oct. 19. It includes a $1.29 million net outflow on Oct. 14. Cumulative net inflows since launch stood at $1.542 billion as of Oct. 19, despite the recent withdrawals.