Franklin Solana ETF launched; US Solana spot ETFs saw a net outflow of $32.19 million in a single day.

According to Odaily Planet Daily, on December 3rd, Eastern Time, the Franklin Solana ETF was listed and traded on the NYSE Arca, with the stock code SOEZ. This brings the total number of listed Solana spot ETFs in the United States to seven.

According to SoSoValue data, the Solana spot ETF saw a total net outflow of $32.19 million yesterday (December 3rd, Eastern Time).

The Franklin SOL ETF (SOEZ) saw no net inflows on its first day of trading, with a trading volume of $120,000 and a total net asset value of $2.4 million.

The 21Shares SOL ETF TSOL saw a net outflow of $41.79 million in a single day, bringing the total historical net outflow for TSOL to $102 million.

Bitwise SOL ETF (BSOL) saw a net inflow of $5.57 million in a single day, bringing the total historical net inflow for BSOL to $580 million.

As of press time, the Solana spot ETF has a total net asset value of $915 million, a Solana net asset ratio of 1.15%, and a cumulative net inflow of $619 million.

The Franklin Solana ETF has a management fee of 0.19%, supports cash/physical redemption, and allows additional returns through staking. The issuer and staking service provider share 8% of the staking returns, with the remainder going to the investors.