US Spot Solana ETFs Post $1.17 Million in Net Outflows

Source
Doohyun Hwang

Summary

  • Eight US-listed spot Solana ETFs recorded $1.17 million in net outflows in a single day.
  • VanEck (VSOL) posted $1.43 million in net outflows that day, while Fidelity (FSOL) logged $255,680 in net inflows.
  • Bitwise ($825.19 million) has the largest cumulative net inflows by product, while 21Shares and VanEck remain in cumulative net outflow territory.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Shutterstock
Photo: Shutterstock

US-listed spot Solana exchange-traded funds recorded net outflows of $1.17 million in one day.

Data from SoSoValue showed that the eight spot Solana ETFs trading in the US posted combined net outflows of $1.17 million on April 24. Cumulative net inflows stood at $1.02 billion.

The day's outflows were driven by VanEck's VSOL, which saw $1.43 million leave the fund. Fidelity's FSOL, by contrast, posted net inflows of $255,680.

The other six products — Bitwise's BSOL, Grayscale's GSOL, Franklin Templeton's SOEZ, Invesco's QSOL, 21Shares' TSOL and Canary's SOLC — recorded no daily inflows or outflows.

Bitwise has the largest cumulative net inflows at $825.19 million. It is followed by Fidelity at $158.27 million, Grayscale at $104.14 million, Franklin Templeton at $9.78 million, Invesco at $4.77 million and Canary at $1.04 million.

By contrast, 21Shares and VanEck have logged cumulative net outflows of $102.69 million and $299,090, respectively.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News