Add as a preferred source on GoogleU.S. Spot Solana ETFs Record $24.2 Million in Nov. 6 Outflows
Withdrawals continued for a second straight trading day, while the five-day net total reached $25 million. Cumulative net flows since launch remained positive at $1.435 billion.
U.S. spot Solana (SOL) ETFs recorded $24.2 million in net outflows Friday, Nov. 6, extending withdrawals to a second consecutive trading day and bringing the five-day total to $25 million.
Bitwise Solana Staking ETF (BSOL) had the largest outflow, at $14.4 million. Grayscale Solana Trust (GSOL) had $5.4 million in outflows, and MSOL had $4.4 million. VSOL, FSOL, TSOL and SOEZ each had zero net flow, and no fund had an inflow.
The Nov. 6 outflow followed a $0.8 million net outflow on Nov. 5. Across the last five trading days, the funds recorded a combined net outflow of $25 million.
Despite the recent withdrawals, cumulative net flows since the funds launched stood at $1.435 billion. A previous episode saw the funds post a nine-day withdrawal streak in October.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.