U.S. Spot Solana ETFs Record $27.69 Million Net Outflow

U.S. spot Solana (SOL) exchange-traded funds recorded $27.6915 million in net outflows on Thursday, Oct. 29 (ET), with the Bitwise Solana Staking ETF (BSOL) accounting for most of the withdrawals.

BSOL saw $23.6827 million in outflows, while Grayscale Solana Trust (GSOL) recorded $4.0088 million. BSOL’s cumulative net inflows stood at $1.133 billion, compared with $129 million for GSOL.

As of press time, the funds had $1.497 billion in net assets and $1.479 billion in cumulative net inflows. The latest withdrawal follows earlier U.S. spot Solana ETF outflow coverage.