U.S. Spot Solana ETFs Register $3.32M Net Outflow
U.S. spot Solana exchange-traded funds recorded $3.32 million in net outflows as Bitwise withdrawals outpaced Morgan Stanley inflows.
U.S. spot Solana exchange-traded funds recorded $3.32 million in net outflows, according to data reported by Pluang. The decline was driven by Bitwise withdrawals exceeding inflows from Morgan Stanley.
ETF Flow Breakdown
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The net negative flow highlights shifting institutional dynamics within the emerging Solana investment product category. While specific individual fund allocations were not fully detailed, the aggregate figures point to a net reduction in capital across the tracked U.S. vehicles.
Key facts
- U.S. spot Solana ETFs saw $3.32 million in net outflows according to Pluang
- Bitwise withdrawals exceeded inflows registered by Morgan Stanley
- The data reflects recent capital movement across institutional Solana investment products
Source: news.google.com
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