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Solana ETF Hit by Heavy Redemptions as Token Slump Spurs 3.5% Outflow

Solana ETF Hit by Heavy Redemptions as Token Slump Spurs 3.5% Outflow

Solana ETF Investors Head for the Exits as Outflows Hit 3.5% of Assets

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The Solana ETF, SOLZ, recorded sizeable redemptions on January 23, 2026, with investors pulling out $4,458,318 in net flows. The withdrawal amounts to roughly 3.46% of the fund’s latest assets under management, which stand at $129,028,968, underscoring growing caution around Solana-linked products after a bruising quarter for the underlying token.

The related asset, SOL-USD, is currently trading at $121.90, having shed about 36.8% over the past three months. That drawdown places Solana among the weaker large-cap crypto performers over the period and helps explain the scale of recent ETF outflows, as some investors lock in losses or reallocate towards less volatile holdings. The 1-day technical signal for the token remains firmly negative, flashing Sell, a stance that could further weigh on short-term sentiment.

While SOLZ still commands over $129 million in assets, the latest pullback suggests that confidence in a near-term Solana rebound is waning, at least among more tactical ETF traders. Until price momentum improves and technical indicators turn more constructive, flows into Solana-linked funds may remain under pressure. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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