Solana Spot ETF Sees $1.17M Net Outflow as FSOL Records Inflows

Gate News message, April 26 — Solana spot ETFs recorded net outflows of $1.1736 million yesterday (April 24), according to SoSoValue data. The total assets under management for SOL spot ETFs reached $883 million as of reporting time, with a net asset ratio of 1.77% and cumulative net inflows of $1.019 billion since inception.

Fidelity Solana Fund ETF (FSOL) posted net inflows of $257,000 yesterday, bringing its historical cumulative net inflows to $158 million. VanEck Solana ETF (VSOL), however, saw net outflows of $1.4293 million, with cumulative net outflows of $29.91 million to date.

The divergence between the two major SOL ETF products reflects varying investor sentiment toward the Solana ecosystem among different fund providers.