Data: The 21Shares Solana ETF was launched, and the total net inflow of US Solana spot ETFs was $55.61 million in a single day.
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TL;DR
The 21Shares Solana ETF has launched in the US, bringing the total to six Solana spot ETFs. In a single day, these ETFs saw a total net inflow of $55.61 million, with Bitwise BSOL leading at $35.87 million.
Tags
Solana EcosystemSEC Security TokenLayer 1Solana ETF21SharesBitwise BSOLnet inflowSEC approval
According to Mars Finance, the 21Shares Solana ETF (ticker symbol TSOL) has officially listed on the CBOE after receiving SEC approval, bringing the total number of listed Solana spot ETFs in the US to six. According to SoSoValue data, the total net inflow of Solana spot ETFs is $55,610,000. TSOL saw no net inflow on its first day of trading, with a trading volume of $400,000 and a total net asset value of $104 million. The Bitwise BSOL ETF saw the largest single-day net inflow at $35,870,000, with a historical total net inflow of $424,000,000. As of press time, the total net asset value of Solana spot ETFs is $715,000,000, with a Solana net asset value ratio of 0.97%, and a historical cumulative net inflow of $476,000,000. The 21Shares Solana ETF supports cash or in-kind creation and redemption, with a management fee of 0.21%. It supports Solana to provide additional returns through staking, with the sponsor receiving a 10% share of the staking returns after deducting the staking service fee.