US SOL spot ETFs post $1.2721 million net outflow on July 22

Fidelity’s FSOL led daily withdrawals, followed by Grayscale’s GSOL, while both funds’ cumulative historical inflows remained positive.

SOL

Summary

US SOL spot ETFs recorded a combined net outflow of $1.2721 million on July 22, marking a day of withdrawals for the Solana-linked fund category. Fidelity Solana Fund ETF (FSOL) posted the largest daily net outflow at $686,600, while Grayscale Solana Trust (GSOL) followed with $585,500 in outflows, according to SoSoValue. Even so, cumulative historical net inflows remained positive for both products, reaching $196 million for FSOL and $108 million for GSOL.

Terms & Concepts
  • SOL spot ETFs: Exchange-traded funds designed to track spot Solana exposure.
  • net outflow: A situation in which more money leaves a fund than enters it.