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

SOL-4,37%

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.

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