All six US Solana ETFs have suffered five consecutive days of absolute zero net flows
Solana ETFs have seen zero net flows throughout all six merchandise for five consecutive buying and selling classes ending Aug. 4. The product-wide pause in reported primary-market move adopted an $18.1 million outflow from Bitwise’s BSOL on July 28.
Farside Investors, which tracks each day fund flows, confirmed 0.0 for BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL through the subsequent five classes: July 29 – Aug. 4.
The similar desk, which tracks Solana ETF flows, displayed $1.122 billion of cumulative net move by means of Aug. 4. Seed quantities account for $449.3 million, about 40% of that complete, that means solely a portion of the cumulative determine represents later net creations.
Farside additionally classifies $102.7 million of GSOL seed capital as a conversion from an earlier product.
How Solana ETF flows are measured
A each day net-flow quantity measures the stability after fund-share creations and redemptions are counted. Investor.gov explains that approved individuals deal with that primary-market course of, whereas traders can commerce present shares with each other on exchanges. Secondary-market quantity, product belongings, and broader investor curiosity due to this fact require separate proof from Farside’s 0.0 readings.
Issuer snapshots illustrate the excellence. Bitwise reported about $596.37 million of net belongings in BSOL on knowledge dated Aug. 2. 21Shares reported roughly $3.09 million of TSOL belongings and nonzero daily trading volume round Aug. 3. Those figures coexisted with Farside’s zero net-flow entries as a result of belongings held and change buying and selling measure completely different exercise from each day net creations and redemptions.
The Solana pause additionally contrasted with bigger crypto fund complexes on Aug. 4. Farside reported $211.5 million of net inflow for U.S. Bitcoin ETFs and $53.1 million for Ethereum ETFs on the identical date. The teams differ considerably in measurement and maturity, making these figures a directional benchmark relatively than a like-for-like rating of demand.
For now, the report reveals Solana ETF flows paused on the primary-market degree throughout the six-product lineup for five classes. Judging a longer-term shift in follow-on demand would require subsequent creations, redemptions, buying and selling, and asset knowledge throughout the funds.
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