Markets· ★★★· bearish·

US spot Solana ETFs post 10th straight outflow session, $12.7M withdrawn

  • —Tenth straight outflow session: $12.7M in a day, the week's largest
  • —Streak losses exceed $50M after 14 consecutive weeks of inflows
  • —BSOL accounted for $38.5M, or 76.24%, of all withdrawals
  • —Cumulative SOL ETF balance since launch remains positive at $1.55B
Why it matters: Outflows are so far concentrated in one fund, but any spread to the rest of the SOL ETF complex would add pressure on the token.
Source: Bithub