Solana spot ETFs recorded a net outflow of $4.24 million last week.

SOL Spot ETFs See Outflows as Bitwise Leads the Way Out

SOL spot ETFs saw more money leave than come in last week. According to SoSoValue, total net outflows for the trading week of March 23rd to March 27th came in at roughly $4.24 million.

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Bitwise's BSOL led the outflow pack, shedding about $4.86 million. Its lifetime net inflows now stand at $798 million. Fidelity's FSOL followed with $758,200 in outflows, keeping its total net inflows at $150 million.

On the flip side, Franklin's SOEZ pulled in $1.53 million, bringing its lifetime net inflows to $9.78 million.

As of press time, total net assets held by SOL spot ETFs sit at $810 million. That's about 1.71% of Solana's total market cap. Cumulative net inflows have now reached $986 million.

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