Solana ETFs Stall with Five Consecutive Days of Zero Net Flows
The six Solana ETFs in the US have seen five consecutive days of zero net flows. The pause followed an $18.1 million outflow from Bitwise's BSOL on July 28.
Farside Investors, which tracks daily fund flows, showed 0.0 for all six products during this period: BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL.
The cumulative total of $1.122 billion in net flow through Aug. 4 includes $449.3 million in seed capital, which accounts for about 40% of the total. This means that only a portion of the cumulative figure represents later net creations.
It's worth noting that Farside classifies $102.7 million of GSOL seed capital as a conversion from an earlier product.