Solana Spot ETFs Experience Significant Outflows

On March 27, significant outflows were reported for Solana spot ETFs, according to PANews. Data from SoSoValue indicated that on March 26, Eastern Time, Solana spot ETFs saw a total net outflow of $1.041 million. The Fidelity Solana Fund ETF (FSOL) experienced the largest single-day net outflow, amounting to $758,200. Despite this, the fund's historical total net inflow stands at $150 million. The VanEck Solana ETF (VSOL) followed with a net outflow of $282,800, while its historical total net inflow has reached $18.5371 million. As of the time of reporting, the total net asset value of Solana spot ETFs is $850 million, with a Solana net asset ratio of 1.72%. The historical cumulative net inflow for these ETFs has reached $993 million.