Solana ETF Suffers First Outflow in 21 Days-Is This the End of the Party?

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Ah, what a day for Solana! Its spot ETF, which has been enjoying a nice, uninterrupted streak of inflows for a record-breaking 21 days, has finally encountered its first daily outflow. A dramatic -$8.1 million net outflow on the 26th of November 2025. Such a tragic twist! What a plot twist! 🌪️

This shocking development has ruined what was a near-perfect run for the Solana ETF, surpassing both Bitcoin and Ethereum ETFs’ debut records. Oh, how the mighty have fallen!

According to new data from SoSoValue (because, apparently, we need a fancy name for our data), the first “red print” is now officially in the books. After 28 October 2025, when the ETF began trading, Solana managed to perform the impossible-racking up 21 days of flawless inflows. 🍾🥂

Now, let’s not get too dramatic. The outflow, while a slight hiccup, still doesn’t change the fact that this ETF had some seriously impressive growth. Just last week, it had managed to push its total net assets to a jaw-dropping $918 million before this outflow drama unfolded. 👀

A pause after a record surge

In just one month, the Solana ETF witnessed multiple days of inflows exceeding $40 million, with some days breaking over $55 million! Institutional allocators were not playing around, people! These guys weren’t waiting for the market to calm down. They were in, aggressively, like they had something to prove. 💪

Now, that outflow of -$8.1 million might seem like a tiny speck in the grand ocean of earlier inflows. Is it a short-term rebalancing of portfolios? Is it a sign of a market shift? Who knows! 🤔 But it’s certainly too small to panic just yet. If you’re not overly dramatic (like some of us), you’d say this is just a little breather after a sprint. 🏃‍♂️💨

With the ETF’s net assets still close to $1 billion, this is still one of the fastest-growing cryptocurrency ETFs of the year. Slow down, Solana, you’re making the rest look bad. 😎

Solana price stabilizes after weeks of selling pressure

Despite the outflow drama, Solana’s price trend is beginning to show signs of life after an earlier steep drop. The price plummeted from the $190-$200 zone to around $125, but it’s now creeping back up to above $140. A little bounce-back never hurt anybody, right? 📈💵

This price recovery is happening even while the ETF posted its first outflow. So, what does that tell us? Maybe, just maybe, the spot market buyers are stepping in after the earlier panic and the nearly 30% dip. 🛍️

The ETF outflow didn’t seem to cause any major selling pressure, so perhaps it’s a much ado about nothing. Just a bad day in an otherwise perfectly fine week. Or month. Or year. 🥳

Does the outflow signal a shift?

Hold your horses before you start writing the obituary for Solana’s ETF. Market analysts are warning us not to read too much into a single day of negativity. ETF flows are like the tide-sometimes they go out, and sometimes they come in. 🌊

It’s too early to say whether this marks a structural shift or just an “oopsie” moment for institutional investors. We have 21 days of inflows that are still going strong. So, let’s not hit the panic button just yet, shall we? 🛑

If the inflows pick up again in the next few days, this minor outflow could be nothing more than a small blip in what’s been a solid debut. Keep your popcorn handy; this story isn’t over yet. 🍿

Final Thoughts

  • Solana’s ETF might have had its first outflow, but let’s not pretend it’s the end of the world. A -$8.1 million outflow is barely a speed bump in comparison to the massive inflows that got it to the 21-day streak.
  • With assets still near $1 billion and Solana’s price showing recovery signs, it seems like the institutional love affair is far from over. 🥰

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2025-11-28 19:56