According to SoSoValue data, SOL spot ETFs saw a net outflow of $4.2373 million last week (March 23–27, 2024, Eastern Time).
Breaking down the performance by product: The Bitwise ETF (BSOL) led the outflows with a weekly net withdrawal of $4.8632 million, though it maintains the largest cumulative historical net inflow at $798 million. The Fidelity ETF (FSOL) followed with a weekly net outflow of $758,200 and a cumulative historical net inflow of $150 million.
On the inflow side, the Franklin ETF (SOEZ) was the sole product to attract new capital, recording a weekly net inflow of $1.5337 million. This brings its cumulative historical net inflow to $9.78 million.
Overall, the total net asset value (NAV) for SOL spot ETFs currently stands at $810 million. The ETF net asset ratio—representing the ETF market cap as a percentage of SOL's total market cap—is 1.71%. Cumulative historical net inflows for these products total $986 million.