SOL spot ETFs post $3.9374 million net outflow on June 25

Bitwise Solana Staking ETF accounted for the entire withdrawal, while the category still held $756 million in net assets and $1.128 billion in cumulative net inflows.

SOL

Summary

SOL spot ETFs recorded a total net outflow of $3.9374 million on June 25, U.S. Eastern Time, with the entire withdrawal coming from the Bitwise Solana Staking ETF, according to SoSoValue. BSOL was the only fund in the category to post outflows that day, while its cumulative historical net inflow reached $888 million. Despite the pullback, the segment still held $756 million in net assets, a 1.96% net asset ratio, and $1.128 billion in cumulative net inflows as of publication.

Terms & Concepts
  • SOL spot ETFs: Exchange-traded funds that track Solana’s spot market price.
  • staking: Locking crypto to help a network and earn rewards.
  • net outflow: More money leaving a fund than entering it over a period.