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Altcoins & DeFi

U.S. Spot Solana ETFs Post $0.8 Million Net Outflow on Nov. 5

Image: TokenPost

U.S. spot Solana exchange-traded funds recorded $0.8 million in net outflows Thursday, Nov. 5, as Grayscale Solana Trust accounted for the full withdrawal and the latest five trading days totaled $11.6 million in outflows. GSOL was the only fund with a nonzero flow, recording an outflow of $0.8 million. BSOL, VSOL, FSOL, TSOL, SOEZ and MSOL each had no net flow, and no fund recorded an inflow. The group had no net flow on Nov. 4. Cumulative net flows since launch stood at $1.459 billion. The latest five-session period includes the Oct. 30 session , when the funds recorded $10.8 million in net outflows. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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