Back

SOL Spot ETFs Draw $7.33 Million in Net Inflows on April 23

SOL spot ETFs reversed course on April 24 with a $1.17 million net outflow, as Fidelity’s FSOL posted modest inflows but VanEck’s VSOL recorded larger redemptions; total net assets stood at $883 million.

SOL

Summary

After recording $7.33 million in net inflows on April 23, SOL spot ETFs saw a $1.17 million net outflow on April 24. Fidelity’s FSOL added $255,700, while VanEck’s VSOL posted a $1.43 million outflow, more than offsetting gains elsewhere. Total net assets across SOL spot ETFs stood at $883 million, and cumulative historical net inflows reached $1.019 billion.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that holds the underlying asset directly rather than using derivatives.
  • Net inflows: The net amount of new money entering a fund after subtracting withdrawals over a given period.
  • Net outflow: A situation where withdrawals from a fund exceed new investments over a given period.