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All six US Solana ETFs record zero net flows for five sessions

The six-product pause followed an $18.1 million outflow from Bitwise’s BSOL on July 28, and seed capital accounted for about $449.3 million, roughly 40% of cumulative net flow through Aug. 4.

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Solana ETFs in the US recorded zero net flows across all six products for five consecutive trading sessions ending Aug. 4, according to CryptoSlate. The reported pause in primary-market activity came after an $18.1 million outflow from Bitwise’s BSOL on July 28.

Flow data from Farside Investors showed 0.0 daily net-flow readings for VSOL, FSOL, TSOL, SOEZ, and GSOL during the next five sessions, July 29 through Aug. 4. CryptoSlate also noted that seed amounts total $449.3 million, about 40% of the $1.122 billion cumulative net flow reported through Aug. 4, meaning only part of the cumulative figure reflects later net creations.

CryptoSlate highlighted that Farside’s daily net-flow metric reflects the balance after fund-share creations and redemptions, which are handled in the primary market by authorized participants. It said investors can also trade existing shares on exchanges, so secondary-market volume, assets, and broader interest require separate evidence beyond the 0.0 net-flow readings.

To illustrate the difference, CryptoSlate cited Bitwise’s BSOL showing about $596.37 million of net assets as of data dated Aug. 2, while 21Shares’ TSOL had roughly $3.09 million of assets and nonzero daily trading volume around Aug. 3. Against that backdrop, CryptoSlate said Solana was up 0.5% over the past 24 hours and ranked seventh by market cap, while US Bitcoin and Ethereum ETF complexes showed net inflows on Aug. 4.

Latest closeBitcoin $64,897.70 ▲1.3%|Ethereum $1,918.66 ▲2.7%|Solana $74.40 ▲0.9%

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