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SOL Gains Ground Despite Solana ETFs Posting Huge Outflows

SOL Gains Ground Despite Solana ETFs Posting Huge Outflows

Photo: DailyCoin

The Solana (SOL) based exchange-traded funds (ETFs) freshly registered a fourth consecutive week marked with multi-million outflows. October’s treatment has been brutal for most Solana ETFs, now slimming by nearly $100 million since the beginning of the month. Dropping Wall Street’s Solana Balances Rattle Price The latest balance adjustment came from Grayscale. Their ETF product runs under the GSOL ticker and just dumped $19.16 million, reducing their cumulative net assets to $153.04 million. This hardly matches with June, the only other month in the red, when Solana ETFs shrank by $787K.

Source: DailyCoin

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