Digital Currency / Investing

Add as a preferred source on Google

U.S. Spot Solana ETFs Lose $8.2 Million as Five-Session Outflows Reach $19.1 Million

BSOL and GSOL withdrawals outweighed MSOL’s $0.8 million gain. Cumulative net inflows since launch were $1.523 billion.

Updated 1 min read
Pedestrians pass the New York Stock Exchange in New York City. / EconoTimes.ai
Pedestrians pass the New York Stock Exchange in New York City. / EconoTimes.ai

U.S. spot Solana (SOL) fund flows turned negative by $8.2 million on Monday, Oct. 26, bringing net withdrawals across the latest five trading sessions to $19.1 million while cumulative inflows since launch remained positive.

Bitwise Solana Staking ETF (BSOL) lost $7.2 million, while Grayscale Solana Trust (GSOL) shed $1.8 million. Their combined $9 million in withdrawals was partly offset by MSOL’s $0.8 million inflow, leaving the group with a net outflow of $8.2 million. VSOL, FSOL, TSOL and SOEZ had no net flow.

The previous trading session, Oct. 23, had no net flow. Cumulative net inflows since launch were $1.523 billion.

The group recorded $6.7 million in net outflows on Oct. 19, its 11th consecutive session of withdrawals at the time, according to EconoTimes’ earlier coverage of the streak.

Related articles

View all