Solana ETFs end perfect run as 21Shares’ TSOL sees $34M in outflows
NegativeCryptocurrency

- The 21Shares Solana ETF (TSOL) has experienced a significant outflow of over $34 million in a single day, marking the end of a previously successful run for Solana ETFs. This reversal comes amid a broader trend of shifting investor sentiment in the cryptocurrency market.
- This development is critical for 21Shares as it reflects a potential loss of confidence among investors in the Solana ETF, which had previously attracted substantial inflows. The outflows could indicate a reevaluation of investment strategies in the current market climate.
- The situation highlights a contrasting trend where while Solana ETFs have seen inflows in the past, recent withdrawals coincide with significant outflows from Bitcoin and Ether ETFs, suggesting a broader market correction and changing investor preferences towards yield-bearing assets.
— via World Pulse Now AI Editorial System







