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Solana ETF Records First Net Outflow of $8.1 Million as 21Shares Product Withdraws $34 Million
Spot exchange-traded funds tracking Solana recorded their first net outflow since launch, totaling $8.1 million on Wednesday. The 21Shares Solana ETF drove the decline with $34.37 million in withdrawals. Bitwise and Grayscale funds partially offset the outflow, adding over $13 million and $10 million respectively.