$SOL Withdrawal Pressure Spreads to Solana, SOL ETF Sees Net Outflow of $6.71 Million Amid Price Drop Exceeding 6%.
Negative sentiment is spreading to institutional vehicles as Solana ETFs record net outflows, aligning with the sharp correction in the spot market.
🔸 US Solana Spot ETFs saw a total net outflow of $6.71 million yesterday.
🔸 Grayscale (GSOL) led the exit with a net outflow of $5.22 million. Bitwise (BSOL) also saw capital flight, recording a net outflow of $1.49 million.
🔸 This move suggests institutions are de-risking in the short term. However, historical cumulative inflows remain robust, indicating that while short-term sentiment is bearish, the longterm institutional foundation hasn't completely crumbled yet.
With ETF flows turning negative and prices dipping, are you viewing this as a "buy the dip" opportunity or a warning sign to stay in cash?
News is for reference, not investment advice. Please read carefully before making a decision.