$SOL Solana ETF "Bleeds" Nearly $9 Million Last Week, Bitwise Leads the SellOff
Institutional capital flow for Solana is showing signs of stalling. The latest data reveals a lackluster trading week for SOL Spot ETFs, reflecting a cautious sentiment taking hold.
🔸 In the week from February 2nd to 6th, 2026, Solana ETF funds recorded a net outflow of $8.92 million USD. This coincides with the downtrend in $SOL's price on the market.
🔸 Bitwise (BSOL) faced the strongest selling pressure with a net withdrawal of $8.6 million USD. Grayscale (GSOL) continued to see outflows of $5.21 million USD.
🔸 In the bleak picture, Fidelity (FSOL) remained a solid "fortress," defying the trend by attracting a net inflow of an additional $5.19 million USD. While some funds are taking profits or cutting losses, Fidelity's capital continues to accumulate quietly.
🔸 SOL ETF funds currently manage $728 million USD. This figure represents about 1.48% of Solana's total market capitalization. Despite the red week, the total historical inflow still stands at a positive $862 million USD.
Fidelity is accumulating while Bitwise is selling. Which side will you follow this week?
News is for reference, not investment advice. Please read carefully before making a decision.