Solana ETF Faces $34 Million Outflow, Disrupting Inflows and Investor Sentiment

The Solana ecosystem experienced a notable financial shift with the 21Shares Solana ETF (TSOL) experiencing a significant net outflow of $34 million on November 26, 2025. This marks a breaking point in the ETF’s previous 17-day streak of inflows and follows a period of decreasing on-chain activity and developer concerns. While this event disrupted its asset growth, other Solana ETFs have remained relatively stable, indicating resilience within the ecosystem.