SOL Spot ETF Saw a Record Net Outflow of $25.5207 Million Last Week

PANews reported on October 19, citing SoSoValue data, that during last week's trading days (U.S. Eastern Time, October 12 to October 16), SOL spot ETFs saw a net outflow of $25.5207 million.

The SOL spot ETF with the largest net outflow last week was the Bitwise ETF BSOL, with a weekly net outflow of $18.8064 million; BSOL's cumulative net inflow to date has reached $1.180 billion. It was followed by Grayscale's SOL Trust GSOL, with a weekly net outflow of $6.0145 million; GSOL's cumulative net inflow to date has reached $160 million.

As of press time, the total net asset value of SOL spot ETFs stood at $1.620 billion, with the ETF net asset ratio (market capitalization as a share of SOL's total market capitalization) reaching 2.64%, and cumulative net inflows to date reaching $1.560 billion.