Record Outflow on Solana ETFs, 21Shares’ TSOL Crypto ETF Loses $42M in Record Time

While Bitcoin is leading a new rally, Solana sends a much more puzzling signal: capital is exiting ETFs but continues to flow on the blockchain. On one side, 21Shares sees its TSOL crypto ETF lose $42M. On the other, over $321M redeploy directly on-chain on Solana. An apparent contradiction that says a lot about the real state of the market.

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