Solana Spot ETFs Set Weekly Outflow Record at $71.47 Million

Solana (SOL) spot exchange-traded funds recorded $71.47 million in net outflows across U.S. trading sessions Oct. 26-30, the largest weekly withdrawal total in the products’ history.

Bitwise’s BSOL led withdrawals with $45.82 million, leaving its cumulative net inflows at $1.12 billion. Grayscale SOL Trust (GSOL) followed with $25.71 million in weekly outflows and $128 million in cumulative net inflows.

Morgan Stanley’s MSOL posted the largest reported weekly inflow, $49,300. Its cumulative net inflows stood at $43.11 million.

Across the funds, net assets totaled $1.40 billion, equal to 2.49% of SOL’s market capitalization. Aggregate cumulative net inflows stood at $1.47 billion.

Net outflows mean redemptions exceeded new share creations during the week. The weekly figure measures activity over Oct. 26-30, while cumulative net inflows reflect the funds’ total net flows over time.