PiCK

U.S. Solana spot ETF posts net inflows for 7 straight trading days…surpasses $294 million in total

Source
Suehyeon Lee

Summary

  • It reported that the U.S. Solana (SOL) spot ETF market has seen net inflows for seven consecutive trading days.
  • It said the seven trading-day cumulative net inflows reached $294 million.
  • It stated that Solana is trading at $162.49, up 3.05% from the previous day.
Photo=Farside Investor
Photo=Farside Investor

The U.S. Solana (SOL) spot exchange-traded fund (ETF) market saw net inflows for seven consecutive trading days.

On the 6th (local time), according to Farside Investor, Solana spot ETFs recorded a total net inflow of $9.7 million (about KRW 14 billion) the previous day. Net inflows were sustained over seven trading days since launch, bringing cumulative inflows to $294 million (about KRW 425.3 billion).

On that day, Bitwise's BSOL saw $7.5 million and Grayscale's GSOL saw $2.2 million in inflows, respectively. Meanwhile, Solana is currently trading at $162.49 on CoinMarketCap, up 3.05% from the previous day.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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