Solana Sentiment Sours: 21Shares TSOL ETF Sees Double-Digit Outflow as Traders Retreat
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The 21Shares Solana ETF, ticker TSOL, recorded a sharp outflow of $513,520 on January 21, 2026, a meaningful redemption that amounts to roughly 10.8% of its latest reported assets under management (AUM) of $4.74 million. The scale of the withdrawal underscores waning risk appetite around Solana-linked products after a volatile quarter for the underlying token.
Such a sizable single-day pullback suggests that a portion of investors is opting to lock in gains or cut losses amid mounting uncertainty in the broader altcoin complex. With more than one-tenth of the fund’s capital exiting in a single flow event, TSOL’s investor base appears increasingly sensitive to short-term price action and technical signals rather than long-term fundamentals.
The related asset, SOL-USD, is currently trading at $123.72, having dropped about 38.0% over the past three months. That slide positions Solana among the weaker large-cap crypto performers in the recent risk-off phase. Mirroring this pressure, its 1-day technical outlook is flashing a cautious tone, with indicators pointing to a Sell signal, reinforcing the defensive stance seen in TSOL’s latest flows.
The combination of sustained price weakness in Solana and notable redemptions from a dedicated ETF highlights how quickly sentiment can turn in crypto-linked products, particularly when short-term momentum turns negative. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.