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Solana spot ETFs see record $71.47M outflows in a week, led by Bitwise's $45.82M withdrawal.

02 Nov 2026, 05:31 WIB
Tokenpost
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Bearish
Solana spot ETFs see record $71.47M outflows in a week, led by Bitwise's $45.82M withdrawal.

Solana (SOL) spot exchange-traded funds experienced a record weekly net outflow of $71.47 million during Oct. 26-30, the largest in their history. Bitwise's BSOL fund led with $45.82 million withdrawn, although it still holds $1.12 billion in cumulative net inflows. Grayscale's GSOL followed with $25.71 million in outflows, maintaining $128 million in total net inflows. Morgan Stanley's MSOL was the only fund with a small inflow of $49,300, totaling $43.11 million cumulatively. Overall, these funds hold $1.40 billion in net assets, representing 2.49% of Solana's market cap. The outflows indicate more redemptions than new share creations during the week, signaling potential investor caution or profit-taking.

Solana (SOL) trades at Rp1.730.046 on Pluang as of Nov 02, 2026 10:51 WIB, showing a slight 0.47% decline in the last day. Despite the record weekly outflows from Solana spot ETFs reported in the article, Pluang data reveals a balanced order activity with 56% of trades as buys and a typical hold time of 72 days. The market cap stands at Rp1.017,83 trillion with a 24-hour trading volume of Rp30,61 trillion, indicating ongoing investor engagement.

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