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Solana falls below $95 as SOL ETF outflows hit record $71 million in one week

Solana falls below $95 as SOL ETF outflows hit record $71 million in one week

Photo: CoinTurk News

Solana (SOL) continued its downward trajectory on Monday, trading near $94.32 and extending its losing streak to five consecutive weeks. The sustained decline has placed mounting pressure on the cryptocurrency as institutional investors reduce their exposure, especially through major flows out of Solana-linked exchange-traded funds (ETFs). Data from SoSoValue indicated that U.S. spot Solana ETFs recorded $71.47 million in net outflows last week, marking their largest weekly withdrawal since launching. These negative flows have continued for four straight weeks, signaling a persistent drop in institutional appetite for SOL through regulated investment vehicles.

Source: CoinTurk News

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