SOL spot ETF saw net outflows of 26252100 USD last week
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AT A GLANCE
SOL spot ETFs saw net outflows of 26252100 USD last week, with BSOL experiencing the largest outflows.
Article
SOL spot ETFs saw net outflows of 26,252,100 USD last week.
PANews reported on November 9 that, according to SoSoValue data, SOL spot ETFs experienced net outflows of 26,252,100 USD during last week’s trading days (November 2 to November 6, Eastern Time). The SOL spot ETF with the largest net outflow last week was Bitwise ETF BSOL, with weekly net outflows of 14,442,400 USD; BSOL’s total historical net inflows currently stand at 1,110,000,000 USD. Next was Grayscale’s SOL Trust GSOL, with weekly net outflows of 6,244,200 USD; GSOL’s total historical net inflows currently reach 122,000,000 USD. As of press time, the total net asset value of SOL spot ETFs was 1,310,000,000 USD, and the ETF net asset ratio (market cap as a percentage of SOL’s total market cap) reached 2.46%, with cumulative historical...
Key points
01
SoSoValue data shows that from November 2 to November 6, Eastern Time, SOL spot ETFs experienced net outflows of 26252100 USD.
02
Bitwise ETF BSOL saw weekly net outflows of 14442400 USD, with the text stating that its historical total net inflows reached 1110000000 USD.
03
Grayscale SOL Trust GSOL reported weekly net outflows of 6244200 USD, with the text stating that its historical total net inflows reached 122000000 USD.
04
As of press time, the SOL spot ETF's total net asset value was 1310000000 USD, with an ETF net asset ratio of 2.46%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Net outflows indicate that, during this period, more funds were withdrawn from the relevant SOL spot ETFs than flowed in. BSOL and GSOL are two of the products listed in the text.
Why it matters to readers
This dataset can be used to observe the phased capital flows of SOL spot ETFs, as well as changes in the asset size and net asset ratio of related products.
If you are new to the market, net outflows can first be understood as the relevant ETF experiencing an overall reduction in funds during the statistical period. This does not equate to an inevitable decline in the SOL price.
Risks and unknowns
The original text is truncated at “historical accum...”, and the subsequent information cannot be confirmed.
The data in the text are cited from SoSoValue data; the provided content does not display the original data page.
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Related concepts
Net Outflows
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