Solana fell 22.9% over 28 days... ETFs saw net outflows on 6 of 9 days
Original headline솔라나 28일간 22.9% 하락…ETF선 6일·9일 순유출
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Solana (SOL) fell 22.9% over 28 days to a roughly four-week low, with its price decline in early November outpacing bitcoin's. U.S. spot Solana ETFs recorded two consecutive days of net outflows totaling $31.9 million—$24.2 million on Nov. 6 and $7.7 million on Nov. 9, per Farside Investors data. Bitwise's BSOL led the redemptions with $14.4 million out on Nov. 6, followed by Grayscale's GSOL at $5.4 million and Morgan Stanley's MSOL at $4.4 million, while BSOL saw the largest outflow on Nov. 9 at $5.9 million. The back-to-back outflows matter because they show ETF investors retreating just as SOL's drawdown deepens relative to BTC. Next, watch whether outflows persist and whether SOL can hold its recent low.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Solana (SOL), GSOL, MSOL, BSOL, Morgan Stanley (MS), Grayscale, Bitwise, Farside Investors
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