Van Eck's BTC ETF Records 2nd Largest Sell-Off as SOL ETF Launches

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Based on TheMarketPeriodical, Van Eck’s Bitcoin (BTC) spot ETF (HODL) recorded its second-largest BTC sell-off on Monday, offloading 247 BTC ($23.3 million). The firm also launched its Solana (SOL) spot ETF (VSOL) on November 18, joining Grayscale and Bitwise as the third U.S. SOL ETF. SOL ETFs continued their streak of net inflows, while BTC ETFs reported net outflows of $254.6 million, led by BlackRock’s IBIT. Van Eck’s BTC ETF holds 18,192.472 BTC and $1.7 billion in AUM. VSOL has $6.7 million in AUM, making it the smallest of Van Eck’s three spot crypto ETFs.

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