Record Outflow on Solana ETFs, 21Shares’ TSOL Crypto ETF Loses $42M in Record Time


19h13 ▪
4
min read ▪ by
Evans S.

Summarize this article with:

While Bitcoin is leading a new rally, Solana sends a much more puzzling signal: capital is exiting ETFs but continues to flow on the blockchain. On one side, 21Shares sees its TSOL crypto ETF lose $42M. On the other, over $321M redeploy directly on-chain on Solana. An apparent contradiction that says a lot about the real state of the market.

Jeune paniqué tente d’attraper des jetons Solana tombant d’un portefeuille numérique lumineux dans une ville futuriste.Jeune paniqué tente d’attraper des jetons Solana tombant d’un portefeuille numérique lumineux dans une ville futuriste.

In Brief

  • Solana ETFs, especially the 21Shares TSOL crypto ETF, suffer record outflows despite a generally bullish…

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