Overview
- Spot Solana ETFs recorded their first net outflow since launch at about $8.1–$8.2 million, driven by a $34.37 million redemption from 21Shares that ended a 21–22 day inflow streak.
- Flows shifted across crypto ETFs, with Ethereum products taking in $60.82 million for a fourth straight day, XRP adding $21.81 million, and Bitcoin posting $21.12 million in net inflows.
- Franklin Templeton filed Form 8‑A for its spot Solana ETF, expected to list as SOEZ on NYSE Arca, tracking the CF Benchmarks Solana Index with a 0.19% fee and a temporary waiver on the first $5 billion.
- Franklin Templeton will broaden its Franklin Crypto Index ETF on December 1 to include XRP, SOL, DOGE, ADA, XLM, and LINK, reflecting expanded index and in‑kind creation rules on U.S. exchanges.
- Despite the latest outflow, Solana ETFs have accumulated over $560 million since launch, with Bitwise’s staking‑focused BSOL capturing the majority of early inflows and Solana ETF AUM hovering around 1.1% of SOL’s market cap.