US spot SOL ETFs post $3.76M daily net outflow
- —The $3.76M outflow came entirely from Bitwise Solana Staking ETF (BSOL)
- —Total net assets of SOL ETFs stand at $1.735 billion
- —Cumulative net inflows into SOL ETFs reached $1.583 billion
- —SOL accounts for 2.70% of the funds' net assets
Why it matters: The outflow points to weakening institutional demand for Solana amid broader pressure on altcoins.
Source: PANews