TechFlow News, March 30: According to SoSoValue data, SOL spot ETFs recorded net outflows of $4.2373 million last week (U.S. Eastern Time, March 23–27).
Last week, Bitwise’s ETF BSOL experienced the largest net outflow among SOL spot ETFs, at $4.8632 million; BSOL’s cumulative net inflows to date stand at $798 million. Second was Fidelity’s ETF FSOL, with a weekly net outflow of $758,200; FSOL’s cumulative net inflows to date stand at $150 million.
Franklin’s ETF SOEZ recorded the largest weekly net inflow among SOL spot ETFs, at $1.5337 million; SOEZ’s cumulative net inflows to date stand at $9.78 million.
As of press time, the total net asset value (NAV) of SOL spot ETFs stood at $810 million, with an ETF net asset ratio (i.e., ETF market cap as a percentage of SOL’s total market cap) of 1.71%; cumulative net inflows since inception have reached $986 million.
