Solana ETFs Post Their Worst Day Since December While SOL Holds Above $100

What happened

US spot Solana exchange-traded funds lost $19.16 million on Tuesday, October 27, their largest daily outflow since December 3, 2025. SOL trades at $101.87, less than $2 above the $100 level analysts call key support.

Confirmed

Global impact / market context

Outflows shrink the cash these funds hold, forcing them to sell SOL to meet redemptions, which adds selling pressure right as SOL nears $100 support. Losing that line could push more holders to exit, deepening the decline.

Analyst inference

October outflows have reached $99.62 million, making it the funds' worst month since launch. Total net assets fell to $1.54 billion, and SOL's own 13.8% October price drop explains most of that decline rather than investor selling alone.

Analyst inference

What to watch

1. Watch whether SOL closes below $100, a level analysts describe as key support, which means a breakdown could trigger further selling by fund holders and traders. Confirmed
2. Watch whether weekly ETF outflows slow or accelerate, since this week's $27.38 million already exceeds prior weekly exits and signals whether redemptions are easing. Proposed
3. Watch fund assets for a split between price-driven and investor-driven declines, since falling SOL prices, not selling, account for most of the drop so far. Analyst inference

Affected assets

• SOL — Solana

Evidence

• beincrypto.com