Solana Sentiment Sours as 21Shares ETF Sees One-Tenth of Assets Walk Out the Door
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The 21Shares Solana ETF, ticker TSOL, recorded a sharp outflow of $513,520 on January 21, 2026, erasing more than a tenth of its capital base in a single session. With assets under management now standing at roughly $4.8 million, the latest move represents about 10.7% of TSOL’s AUM, underscoring just how quickly investor confidence can shift in single-asset crypto products.
The exodus comes against a challenging backdrop for Solana itself. The related asset, SOL-USD, is currently trading at $126.91, having shed about 34.1% over the past three months. Technically, the short-term picture remains fragile, with a 1-day signal flashing Sell, suggesting that momentum traders and systematic strategies may still be adding to the downside pressure.
For TSOL holders, the sizable outflow may reflect a combination of profit-taking from earlier rallies and mounting concern over Solana’s recent underperformance relative to other large-cap cryptocurrencies. AUM compression of this magnitude in a single day often signals that institutions and larger retail cohorts are de-risking, rather than simply rebalancing. If Solana’s price fails to stabilize, ETF flows could continue to act as a feedback loop, amplifying volatility in both the token and the fund.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.