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U.S. spot Solana ETFs saw $27.7M net outflows, mainly from Bitwise Solana Staking ETF on Oct 29.

Market News
30 Oct 2026, 05:32 WIB
Tokenpost
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Bearish
U.S. spot Solana ETFs saw $27.7M net outflows, mainly from Bitwise Solana Staking ETF on Oct 29.

On October 29, U.S. spot Solana exchange-traded funds experienced net outflows totaling $27.7 million, with the majority coming from the Bitwise Solana Staking ETF (BSOL), which saw $23.7 million withdrawn. The Grayscale Solana Trust (GSOL) also recorded $4 million in outflows. Despite these withdrawals, BSOL maintains a strong cumulative net inflow of $1.133 billion, and GSOL holds $129 million. Together, these funds have $1.497 billion in net assets and $1.479 billion in cumulative net inflows. This recent outflow follows previous instances of U.S. spot Solana ETF withdrawals, indicating some investor caution or profit-taking in this market segment.

U.S. spot Solana ETFs saw net outflows of $27.7 million recently. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 30, 2026 09:01 WIB: out of 50 major cryptos, 4 rose and 45 fell. Notable movers include GRT at Rp348 with a -12.49% change and 58% sell order activity, AXS at Rp15,196 down 11.27% with 57% buy orders, and BAL at Rp16,297 up 11.14%.

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