Markets· ★★★· bearish·

US spot SOL ETFs see $19.16M daily net outflow, all from Grayscale's GSOL

  • —GSOL shed $19.16M in a day; no other fund saw outflows
  • —GSOL's cumulative inflows total $133 million
  • —Total SOL ETF net assets stand at $1.544 billion
  • —Cumulative inflows across SOL ETFs reach $15.13 billion
Why it matters: Outflows from the only fund in the red point to soft institutional demand for SOL as its price trades below $100.
Source: PANews