SOL Spot ETFs Report $3.94M Daily Net Outflow
Data from SoSoValue, as reported by ChainCatcher, reveals that SOL spot exchange-traded funds experienced a total net outflow of $3.94 million on June 25 (Eastern Time). The outflow was entirely concentrated in the Bitwise Solana Staking ETF (ticker: BSOL), which recorded the exact same net outflow amount of $3.94 million. No other SOL spot ETF products reported net inflows or outflows on that day, indicating that the entire outflow was driven by BSOL alone.
Cumulative Net Inflows Remain Strong Above $1.1 Billion
Despite the single-day net outflow, the overall capital attraction of SOL spot ETFs remains robust. As of press time, BSOL's historical cumulative net inflows stand at $888 million, while the total historical cumulative net inflows across all SOL spot ETFs have reached $1.128 billion. Furthermore, the total net asset value of SOL spot ETFs is $756 million, representing a net asset ratio of 1.96% relative to SOL's total market capitalization. This ratio reflects the penetration of ETF holdings into the overall SOL circulating supply and is currently in a phase of steady growth.
The SOL spot ETF market is currently dominated by Bitwise, with other issuers yet to achieve significant scale. The $3.94 million single-day net outflow is considered a normal capital fluctuation and does not alter the long-term trend of consistent net inflows since the ETFs launched. Institutional investor interest in the Solana ecosystem remains high, and market participants should continue to monitor flow dynamics going forward.