US spot Solana ETFs experienced their first day of net outflows after a streak of inflows, with a total of $8.1 million exiting on Wednesday, marking a downturn for the 21Shares Solana ETF (TSOL). The TSOL ETF reported over $34 million in withdrawals in a single day, accumulating total outflows of $26 million since its inception, and currently holds net assets worth $86 million.

Despite this setback, other SOL ETFs fared better, as the Bitwise Solana Staking ETF (BSOL) recorded a notable intake of $13.33 million, boosting its inflows to $527.79 million. Additionally, the Grayscale Solana Trust (GSOL) brought in $10.42 million, while the Fidelity Solana Fund (FSOL) also gained $2.51 million in inflows.

According to Solana Strategic Reserve, the existing SOL ETFs possess approximately 6.83 million Solana tokens, which are worth around $964 million.

XRP ETFs Remain Unscathed

In contrast, XRP ETFs, recently launched, have not yet seen any days marked by outflows. As reported by SoSoValue, these ETFs have only recorded inflows, accumulating to $643 million total. On the aforementioned Wednesday, the Bitwise XRP ETF led the inflow count, attracting $7.4 million, with Canary’s XRPC ETF and others following suit.

Dogecoin ETFs Disappoint

After launching, the Dogecoin ETFs faced challenges in their performance, underwhelming expectations on volume generated. The New York Stock Exchange approved the Grayscale Dogecoin Trust ETF (GDOG), but it managed only $1.4 million on its debut day, well below forecasts.