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Solana ETFs saw a small $1.18M outflow despite a 6.5% price drop, holding steady near the 200-day line.

Market News
06 Nov 2026, 17:25 WIB
CryptoTicker
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Bearish
Solana ETFs saw a small $1.18M outflow despite a 6.5% price drop, holding steady near the 200-day line.

On November 5, Solana spot ETFs experienced a net outflow of $1.18 million amid a 6.5% price decline, with the price briefly dipping below the 200-day moving average. Despite this, total fund holdings remain at $1.333 billion, about $134 million below investors' net inflows since launch, indicating many investors are holding through losses. The 200-day line at around $89 is a critical support level, with futures traders betting on a rebound but risking accelerated declines if prices fall further. Retail investors in Germany face restrictions on US ETFs but can access Solana via European exchange-traded products or direct coin purchases, each with different tax implications.

Solana price prediction news provides context for cryptocurrency market activity on Pluang. As of Nov 06, 2026 22:21 WIB, 24 of 50 major cryptocurrencies rose while 25 fell. Kusama (KSM) gained 3.67% to Rp61.091 with 100% sell orders, Basic Attention Token (BAT) dropped 3.21% to Rp2.355 with 81% buy orders, and Curve DAO Token (CRV) rose 3.01% to Rp4.797 with 83% sell orders.

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