Solana price prediction: reasons for the ETF outflow

The Solana price prediction for October hangs on one number from the previous day: the US spot ETFs on Solana lost money on net on September 30 instead of taking any in. That ends a run which carried the price through September. The price stands at $117.66, or €104.21, at around 14:47 German time on October 1, after a daily high of $122.60. Over seven days there is still a gain of 4.1 percent, and over 30 days one of 15.3 percent. That contradiction is the real question of the day.

What is behind it can be pinned down in three places: the figures from the fund houses, the rhythm of a network that is switching its consensus in October, and the question of what an investor in Germany can actually do with any of it. All three have a date, and all three have a number.

ETF outflow of $11.1 million: Solana's run of inflows has snapped

On September 30, investors pulled a net $11.10 million out of the American spot ETFs on Solana. The figure comes from SoSoValue and was reported by Chaincatcher among others. The largest single item was the Bitwise Solana Staking ETF with an outflow of $8.94 million, while the Fidelity Solana Fund ETF took in $2.77 million. A second tally for the same day arrives at around $12.5 million and additionally names outflows of roughly $3.2 million each at the VanEck and Morgan Stanley products. The range of $11.1 million to $12.5 million stands here as it is, because the two houses draw their boundaries differently.