SOL Spot ETFs Experience Significant Net Inflows and Outflows

Last week, SOL spot ETFs saw a net inflow of $21.1 million, according to PANews. Data from SoSoValue indicates that the trading period from March 16 to March 20 (Eastern Time) was marked by notable movements in SOL spot ETFs. The Bitwise ETF BSOL recorded the highest net inflow, amounting to $20.9863 million, bringing its historical total net inflow to $803 million. Following BSOL, the Franklin ETF SOEZ experienced a weekly net inflow of $767,000, with its historical total net inflow reaching $8.24 million. Conversely, the Fidelity ETF FSOL saw the largest net outflow, totaling $1.12 million for the week. Despite this, FSOL's historical total net inflow stands at $151 million. As of the time of reporting, the total net asset value of SOL spot ETFs is $875 million, with an ETF net asset ratio of 1.72% compared to SOL's total market capitalization. The cumulative historical net inflow for SOL spot ETFs has reached $990 million.