Solana ETFs Freeze in Six-Day Streak Without Primary Market Flows

The Solana ETFs listed in the US experienced a six-day pause in primary market flows between July 29 and August 4. The six funds, BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL, reported daily net flow readings of $0.0 during this period.

The total seed capital contributed to these ETFs reached $449.3 million, accounting for approximately 40% of the $1.122 billion accumulated through August 4. A notable outflow was recorded in Bitwise's BSOL fund on July 28, with a net outflow of $18.1 million.

Farside Investors reported that the cumulative volume reached $1.122 billion by the end of the six-day period. This total included $102.7 million from GSOL, which was converted from a prior instrument, indicating only a fraction of the total came from new creations in the market.