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Which funds reported SOL ETF outflows?

Published 336 words 2 min read

TLDR

The outflows were led by the 21Shares Solana ETF (TSOL).

  1. TSOL saw a $34.37 million redemption on 27 Nov, driving a net outflow day of $8.10 million across SOL ETFs per a market update. Yahoo Finance
  2. TSOL recorded another $32.54 million outflow on 1 Dec, the largest daily net outflow since launch. Binance Square summary citing SoSoValue
  3. Other issuers saw inflows on those days (Bitwise BSOL and Grayscale GSOL). Decrypt

Deep Dive

1. Main Outflow Fund

21Shares Solana ETF (TSOL) was the primary source of reported outflows in the recent week. On 27 Nov, a $34.37 million redemption from TSOL produced the first net outflow day since launch for the SOL ETF set. Yahoo Finance

On 1 Dec, TSOL again led with a $32.54 million outflow, contributing to the largest daily net outflow since launch for the SOL complex. Binance Square summary citing SoSoValue

What this means

If youre tracking fund flows for signals, TSOL redemptions are the main driver of negative days in SOL ETF aggregates.

2. Other Issuers Flow Direction

On both outflow days, other funds recorded inflows that partially offset TSOLs redemptions. Bitwises BSOL and Grayscales GSOL saw $13.33 million and $10.42 million inflows on 27 Nov. Decrypt

Similar pattern on 1 Dec: BSOL +$17.18 million and GSOL +$1.82 million helped cushion the net outflow tally. Binance Square summary citing SoSoValue

What this means

Flows are heterogeneous. TSOL drove outflows, while BSOL and GSOL often brought inflows, which matters if you compare issuer behavior rather than just the aggregate.

3. Aggregates And Context

The 27 Nov net outflow was the first negative day since launch for SOL ETFs, ending a 21?day inflow streak. Yahoo Finance

The 1 Dec net outflow was larger in magnitude, with SoSoValue pegging total net outflows at $13.55 million, led by TSOL. Binance Square summary citing SoSoValue

What this means

Aggregate net outflows hinged on one issuer. Monitoring single?fund moves can offer cleaner signals than the headline net flow number.

Conclusion

Recent SOL ETF outflow days were primarily driven by 21Shares TSOL redemptions, while Bitwises BSOL and Grayscales GSOL generally posted inflows on the same dates. If youre tracking fund behavior, issuer?level flows (especially TSOL) provide clearer signals than the aggregate net figure.

Educational information only. Crypto markets are volatile and this is not financial advice.


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