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Altcoins & DeFi

U.S. Spot Solana ETFs Record $1.29 Million Net Outflow

Image: TokenPost

U.S. spot Solana (SOL) exchange-traded funds recorded a $1,294,600 net outflow on Oct. 14, with the entire daily outflow coming from the Bitwise Solana Staking ETF (BSOL). BSOL was the only fund to post a net outflow that day. Its $1,294,600 outflow matched the total across all U.S. spot SOL ETFs, while the fund’s cumulative net inflows stood at $1.196 billion. At publication, spot SOL ETFs had $1.657 billion in net assets. Their SOL net-asset ratio was 2.70%, and cumulative net inflows across the funds totaled $1.580 billion. The daily outflow covers Oct.

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