Solana ETF flows sink to worst month on record with $72 million out
US spot Solana ETFs lost a net $72.24 million so far in October, SolanaFloor reported at 3:17 p.m. ET Friday, their worst month since launch.
The quick take
- Price: $SOL at $103.63, +0.2% in 24 hours (CoinGecko, as of 3:41 p.m. ET).
- Trigger: Solana funds lost $8.9 million on Thursday, Decrypt’s ETF tracker shows.
- Watch: Friday’s flows, which close out the week and could change the monthly total.
What happened
Solana ETF flows have turned sharply negative this month. US spot Solana ($SOL) funds lost a net $72.24 million so far in October, SolanaFloor reported on Friday. It called October their worst month on record.
Decrypt’s ETF tracker puts the October total near $68 million, with only two days of inflows. The two counts differ, but both show money leaving. The Block also reported net outflows from Solana funds on Thursday.
Before October, June 2026 was the only month with net outflows, at $786,580, according to SolanaFloor.
Why it moved
Selling hit the large crypto funds at the same time. Spot Bitcoin ETFs lost $635.6 million on Thursday, their biggest daily outflow since June, The Block reported. Ether funds lost about $110.6 million that day.
Bitcoin ($BTC) traded near $81,261 at 3:41 p.m. ET, per LiveCoinWatch. $SOL held steadier: up 0.2% in 24 hours on CoinGecko, though down 9.4% over 30 days.
Who’s buying and selling
The outflows built over three weeks. SolanaFloor counts $24.81 million and $25.52 million out in the two prior weeks, plus $17.31 million so far this week.
The first of those weeks ended a 14-week inflow run, The Block reported on Oct. 10, citing SoSoValue data. Bitwise’s BSOL fund carried about 84% of that week’s outflow. Combined net assets of the funds fell to $1.73 billion from $1.90 billion that week.
What to watch next
Friday’s session was still open when SolanaFloor published, so the October figure can still move. One more full trading week remains in the month after Friday.
Bottom line: Solana ETF flows are having their weakest month yet, while the $SOL price has barely moved this week.
Sources
- SolanaFloor: Bitcoin Struggles Below $82K as Solana ETFs Record Their Worst Month Since Launch (Oct. 23, 2026)
- Decrypt: Bitcoin ETFs Bleed $636 Million as October Turns Red Again (Oct. 23, 2026)
- The Block: Bitcoin ETFs swing back to net outflows (Oct. 23, 2026)
- The Block: Solana funds snap record 14-week inflow run (Oct. 10, 2026)
- CoinGecko: Solana price
- LiveCoinWatch: market data
Price data: CoinGecko (SOL), checked against Jupiter. Market context: LiveCoinWatch.
Not financial advice.
