Franklin Solana ETF listed, US Solana spot ETFs saw a single-day net outflow of $32.19 million

SOL6,95%

Odaily Planet Daily News: On December 3rd, Eastern Time, the Franklin Solana ETF was listed and began trading on NYSE Arca with the stock ticker SOEZ, bringing the total number of US spot Solana ETFs listed to 7. According to SoSoValue data, on December 3rd (Eastern Time), total net outflows from spot Solana ETFs reached $32.19 million. On its first day of listing, the Franklin SOL ETF SOEZ saw no net inflow, with a trading volume of $120,000 and total net asset value of $2.4 million. The 21Shares SOL ETF TSOL had a single-day net outflow of $41.79 million, bringing TSOL’s historical total net outflow to $102 million. The Bitwise SOL ETF BSOL had a single-day net inflow of $5.57 million, with BSOL’s historical total net inflow now reaching $580 million. As of the time of publication, the total net asset value of spot Solana ETFs is $915 million, with a Solana net asset ratio of 1.15% and historical cumulative net inflows of $619 million. The Franklin Solana ETF management fee rate is 0.19%, supports cash/in-kind creation and redemption, and allows for additional yield through staking. The issuer and staking service provider share 8% of the staking rewards, with the remaining portion going to investors.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Price Prediction Teases $100 as Next Stop, while DeepSnitch AI Drives 100x Narrative Ahead of Highly-Awaited March Launch, Whereas Bitcoin Forms Deja Vu Pattern

The recent price action of Bitcoin reportedly mirrors a pattern from November through January that set the stage for BTC’s decline from around $90,000 to $60,000. This worrisome outlook reflects weak conviction among the “buy the dip” advocates.  However, DeepSnitch AI could be a breath of

CaptainAltcoin6h ago

Bitcoin ETFs See Daily Outflows While Solana ETFs Continue Weekly Inflows on March 23

Gate News bot message, according to the March 23 update, Bitcoin ETFs recorded a daily net outflow of 646 BTC (approximately $46.11 million), while maintaining a weekly net inflow of 1,331 BTC (approximately $94.95 million). Ethereum ETFs experienced a daily net outflow of 27,679 ETH (approximately

GateNews7h ago
Comment
0/400
No comments