Markets· ★★★· bearish·

US spot SOL ETFs post nine straight days of outflows totaling $37M

  • —Nine consecutive outflow days mark the longest losing streak for US spot SOL ETFs
  • —Total net outflows from October 5 to 15 reached $37 million
  • —Bitwise SOL ETF (BSOL) lost $27.1 million, or 73% of all outflows
  • —Grayscale ranked second with $3.7 million in outflows; other funds saw near-zero flows
Why it matters: Weak ETF demand is weighing on SOL price; a trend reversal would require renewed inflows.
Source: Bithub