SOL ETF turns to net outflows, as funds’ sentiment begins to loosen


Last week (April 6 – April 10), the overall net outflow of SOL spot ETFs was $5.62 million, and there were signs that capital was withdrawing in phases.
From a structural perspective:
Grayscale GSOL recorded a net outflow of approximately $2.6893 million, Bitwise BSOL recorded a net outflow of approximately $2.6675 million, becoming the main sources of outflow;
Only Invesco & Galaxy’s QSOL recorded a small net inflow of $247k.
At present, SOL ETF total assets are about $828 million, accounting for roughly 1.69% of the overall market value, while historical cumulative net inflows still total $975 million.
This indicates one thing:
Capital hasn’t left the market, but is instead “adjusting positions in the short term.”
When ETFs start to diverge, it is often not the end, but the beginning of a new round of rhythm switching. #Gate广场四月发帖挑战 #加密市场回升 $TNSR $CFG $DASH
TNSR-3,91%
CFG-7,37%
DASH-6,7%
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