U.S. Solana spot ETFs netted $46.34 million last week; price plunged 17% in a week
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- Sosovalue said that Solana spot ETFs had net inflows of $46.34 million last week.
- Bitwise's BSOL recorded the largest weekly net inflows at $33.97 million.
- Despite continued ETF net inflows, Solana's price fell 17% over the week.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
More than $46 million flowed into Solana (SOL) spot exchange-traded funds (ETFs) last week.
On the 17th (local time), Sosovalue reported that total net inflows into Solana spot ETFs last week (November 10–14) were $46.34 million (about 67.6 billion won).
The largest inflow was Bitwise's BSOL, with weekly net inflows of $33.97 million. BSOL's cumulative net inflows to date amounted to $358 million. Grayscale's GSOL recorded weekly net inflows of $12.37 million, and cumulative net inflows of $24.32 million. To date, the total net asset value (AUM) of Solana spot ETFs is $541.31 million, and cumulative net inflows are $382 million.
However, despite steady ETF net inflows, Solana's price has remained weak. According to CoinMarketCap, Solana has fallen 17.05% over the past week and is trading at 139.92 dollars.
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