U.S. Spot Solana ETFs See $15.4 Million in Net Redemptions on April 7
ChainCatcher cited SoSoValue data showing that U.S. spot Solana (SOL) ETFs posted total net outflows of $15.402 million on April 7 (U.S. Eastern Time).
Bitwise Solana Staking ETF (BSOL) led the day's redemptions with $13.3409 million in net outflows. Its cumulative net inflows stand at $779 million. Grayscale Solana Trust (GSOL) followed with $1.8222 million in net outflows, bringing its cumulative net inflows to $104 million.
As of publication, combined net asset value across SOL spot ETFs totaled $776 million, representing 1.65% of overall ETF assets. Cumulative net inflows to date reached $965 million.