Solana ETFs End a 14-Week Buying Streak With Their Largest Weekly Exit
US spot Solana ETFs posted a $24.8 million weekly net outflow in the week ending October 9, breaking a 14-week run of inflows and marking the largest weekly exit since launch. Their latest snapshot showed $1.73 billion in net assets and $1.58 billion in cumulative inflows, while new October 12 data showed the outflow streak continuing with a $0.7 million combined withdrawal. Pando also opened a second Solana ETF in Hong Kong as the U.S. products were seeing outflows.
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US Solana ETF holders and market watchers saw the products move into net withdrawals after a long run of weekly inflows. The latest reading also shows the funds still carrying $1.73 billion in net assets, so the outflow did not erase the existing asset base.
For traders and fund users, the practical change is that the streak of weekly inflows no longer continued, and the next reported session also showed more outflows rather than a rebound. What stayed the same is that the products still existed and still tracked Solana exposure, while the newer Hong Kong launch added another Solana ETF venue alongside the U.S. funds.
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