📉 𝗦𝗢𝗟 𝗦𝗽𝗼𝘁 𝗘𝗧𝗙𝘀 𝗦𝗲𝗲 $4.237𝗠 𝗪𝗲𝗲𝗸𝗹𝘆 𝗡𝗲𝘁 𝗢𝘂𝘁𝗳𝗹𝗼𝘄
The Solana ($SOL ) ETF market experienced a shift in momentum last week, recording a total net outflow of $4.237 million (March 23–27), according to PANews and SoSoValue data.
🔍 Key Breakdowns:
Bitwise (BSOL): Led the outflows with $4.86M leaving the fund. However, its long-term conviction remains strong with a massive $798M historical net inflow.
Fidelity (FSOL): Saw a modest weekly outflow of $758K, maintaining a historical total of $150M.
Franklin (SOEZ): The week's outlier, bucking the trend with a $1.53M net inflow, bringing its total to $9.78M.
📊 The Big Picture:
Despite the weekly dip, the broader SOL ETF ecosystem remains robust:
Total Net Asset Value: $810 Million
ETF Net Asset Ratio: 1.71% of SOL's total market cap
Cumulative Historical Inflow: $986 Million
Is this a temporary cooling period or a shift in institutional sentiment? Let’s discuss below! 👇
