According to a January 25 PANews report citing SoSoValue data, during this trading week (from January 19 to January 23, Eastern Time in the U.S.), the SOL spot ETFs experienced a net inflow of $9.57 million. The top-performing SOL spot ETF in terms of net inflow this week was Fidelity's FSOL, with a weekly net inflow of $5.28 million. The total historical net inflow for FSOL now stands at $148 million. The second-largest was Bitwise's BSOL, with a weekly net inflow of $1.71 million, and its total historical net inflow has reached $682 million. The largest net outflow for the week was recorded by 21Shares' TSOL, with a weekly net outflow of $513,500. The total historical net outflow for TSOL has now reached $103 million. As of the time of the report, the total net asset value (NAV) of SOL spot ETFs was $1.08 billion, with the ETF net asset ratio (the proportion of the ETF's market value to the total market value of SOL) reaching 1.50%. The cumulative historical net inflow has now reached $873 million.
SOL Spot ETFs See $9.57M Net Inflow This Week
PANewsShare
Summary
According to on-chain data from SoSoValue, SOL spot ETFs attracted $9.57 million in net inflows this week. Fidelity's FSOL led the way with $5.28 million in inflows, bringing its total assets to $148 million. Bitwise's BSOL added $1.71 million, now reaching $682 million in total assets. 21Shares' TSOL, however, experienced a $513,500 outflow, with total assets at $103 million. The total net asset value of SOL spot ETFs now stands at $1.08 billion, representing a net equity ratio of 1.50% of SOL's market capitalization. SOL continues to be a top altcoin to watch.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.