Solana ETFs See Record Outflow as 21Shares' TSOL Bleeds $42M
Solana ETFs saw a record $32M outflow as 21Shares' fund bled $42M, contradicting a $321M on-chain capital influx to the network.
In brief
21Shares' TSOL product was the sole source of a record $32.19M outflow from Solana ETFs on Wednesday.
An analyst calls the outflow a likely "position reset" following weeks of inflows and a November drawdown.
Despite ETF redemptions, over $321M has flowed onto the Solana network in the past month, mostly from Ethereum#SOLwritetoearn
SOL
139.98
-1.36%
