Markets· ★★★· bearish·

US spot SOL ETFs see $12.67M daily net outflow

  • —Daily net outflow from spot SOL ETFs totaled $12.67 million
  • —Bitwise Solana Staking ETF (BSOL) was the only fund with outflows
  • —Total net assets of SOL ETFs stand at $1.619 billion, or 2.64% of SOL's market cap
  • —Cumulative historical inflows reached $1.557 billion
Why it matters: The persistent outflows suggest weakening institutional demand for Solana exposure amid a broad market pullback.
Source: PANews