Six U.S. Solana ETFs post five days of zero net flows

All six U.S. Solana ETFs recorded zero net primary-market flows for five consecutive trading sessions, July 29–Aug. 4, according to daily fund-flow data provided by Farside Investors. The pause in primary-market creations and redemptions followed an $18.1 million outflow from Bitwise’s BSOL on July 28.

Farside’s flow table registered 0.0 for BSOL, VSOL, FSOL, TSOL, SOEZ and GSOL on each session from July 29 through Aug. 4. The dataset shows cumulative net flow into the Solana ETF complex of $1.122 billion through Aug. 4.

Seed capital made up $449.3 million of that cumulative total, about 40%. Farside classifies $102.7 million of GSOL seed capital as a conversion from an earlier product.

Daily net flow measures the balance after authorized participants create or redeem fund shares on the primary market. That metric does not include secondary-market trading of existing shares or the total assets a fund holds.

Issuer reports illustrate the distinction. Bitwise reported about $596.37 million of net assets in BSOL dated Aug. 2. 21Shares reported roughly $3.09 million of assets in TSOL and showed nonzero secondary-market trading around Aug. 3. Those asset and trading figures can coexist with zero primary-market net flows.

On Aug. 4 Farside recorded $211.5 million of net inflow for U.S. Bitcoin ETFs and $53.1 million for Ethereum ETFs. Those groups differ in scale and maturity from the Solana lineup.

The five-day run of zero primary-market net flows applies only to creations and redemptions recorded in the daily flow table. Further data on subsequent creations, redemptions, secondary-market trading and fund assets will record later activity across the six funds.