Add as a preferred source on GoogleU.S. Spot Solana ETFs Post $2.6 Million Outflow for 12th Straight Session
Grayscale Solana Trust accounted for all of the Oct. 20 withdrawals. Net outflows over the latest five trading sessions totaled $33.1 million.
U.S. spot Solana (SOL) exchange-traded funds posted $2.6 million in net outflows on Oct. 20, extending their withdrawal streak to 12 trading sessions while cumulative flows since launch remained positive.
Grayscale Solana Trust (GSOL) accounted for the full daily outflow. The six other funds tracked — BSOL, VSOL, FSOL, TSOL, SOEZ and MSOL — each recorded zero net flow. No fund posted an inflow.
The marketwide withdrawal was smaller than the $6.7 million outflow on Oct. 19. Across the five trading sessions from Oct. 14 through Oct. 20, the funds recorded a combined $33.1 million in net outflows. That period includes the Oct. 14 withdrawal.
The streak began Oct. 5 and covers every trading session through Oct. 20: five sessions from Oct. 5 to 9, five from Oct. 12 to 16, and the sessions on Oct. 19 and 20.
Despite the recent withdrawals, cumulative net inflows since launch stood at $1,540.0 million.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.