U.S. spot Solana ETF posts net inflows for six straight sessions… XRP turns to net outflows

Source
Korea Economic Daily

Summary

  • U.S. spot Solana (SOL) ETFs recorded net inflows of $2.4 million on the 18th, extending net inflows to six consecutive trading sessions.
  • Cumulative net inflows into spot Solana ETFs so far this month totaled $8.84 million, and the funds maintained a streak of monthly net inflows for four consecutive months from their October launch last year through January this year.
  • U.S. spot XRP (XRP) ETFs logged net outflows of $2.21 million on the 18th, but with cumulative monthly net inflows at $44.5 million, the funds are expected to post monthly net inflows again this month if the current trend holds.
Photo=Shutterstock
Photo=Shutterstock

U.S. spot Solana (SOL) exchange-traded funds (ETFs) recorded net inflows for six consecutive trading sessions.

According to SoSoValue on the 19th (local time), spot Solana ETFs saw net inflows of $2.4 million the previous day (the 18th), marking six straight sessions of net inflows.

Cumulative net inflows so far this month totaled $8.84 million. Since their launch in October last year, spot Solana ETFs extended a streak of monthly net inflows for four consecutive months through January this year.

U.S. spot XRP (XRP) ETFs, meanwhile, swung back to net outflows. According to SoSoValue, spot XRP ETFs recorded net outflows of $2.21 million the previous day (the 18th), the third net outflow so far this month.

Even so, cumulative net inflows so far this month stood at $44.5 million. If the current trend holds, spot XRP ETFs are expected to post monthly net inflows again this month.

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Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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