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U.S. spot Solana ETFs see $33.1M outflows over three sessions ending Oct 28

Market News
29 Oct 2026, 10:02 WIB
Tokenpost
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Bearish
U.S. spot Solana ETFs see $33.1M outflows over three sessions ending Oct 28

U.S. spot Solana exchange-traded funds (ETFs) experienced net outflows totaling $33.1 million over three sessions ending October 28, including $5.7 million on the last day. This continued a trend of withdrawals from these funds throughout October. The data covers seven funds but does not include the entire U.S. spot SOL ETF market. Solana's price closed at $102.32 on October 27, needing a 46.6% increase to reach a hypothetical $150 level. These outflows suggest cautious investor sentiment toward Solana ETFs in the current market environment.

While U.S. spot Solana ETFs saw $5.7 million in outflows on October 28, Solana on Pluang trades at Rp1.822.386 as of Oct 29, 2026 14:22 WIB, down 1.73% in one day. This price is well below the $150 hypothetical target mentioned in the article, indicating a significant gap to close. Despite the ETF outflows, Pluang data shows a majority of buy orders at 64%, with a typical hold time of 72 days, suggesting differing investor behavior on the platform.

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