U.S. Spot Solana ETFs Record $13.4 Million Net Outflow on Nov. 10

U.S. spot Solana (SOL) exchange-traded funds recorded $13.4 million in net outflows on Nov. 10, extending withdrawals to four consecutive trading days and bringing five-day net outflows to $46.1 million.

Bitwise Solana Staking ETF (BSOL) led withdrawals with $8.2 million. TSOL had $2.8 million in net outflows, while Grayscale Solana Trust (GSOL) recorded $2.4 million. VSOL, FSOL, SOEZ and MSOL each had zero net flow, leaving no fund with an inflow.

The Nov. 10 outflow was larger than the $7.7 million recorded on Nov. 9. Funds posted net outflows on Nov. 5, Nov. 6, Nov. 9 and Nov. 10.

Over the five trading days through Nov. 10, combined net outflows were $46.1 million. Cumulative net flow since the funds launched stood at $1.414 billion.

The latest withdrawal follows two consecutive weeks of U.S. spot Solana ETF outflows in October.