preferred on
Points of Focus
- Solana holds $100.91 after a $6.13-million outflow ended an 11-session ETF inflow streak.
- BSOL accounted for the full outflow, while other tracked SOL ETFs stayed flat.
- SOL futures open interest remains near $6.5 billion as $98-$100 support comes into focus.
Solana (SOL) traded at $100.91 on Thursday after US spot Solana exchange-traded funds (ETFs) posted $6.13 million in net outflows on Sept. 2, ending an 11-session inflow streak.
Bitwise’s BSOL accounted for the entire outflow, while every other tracked fund reported zero net flow, leaving SOL near $100 despite the first negative ETF session after more than two weeks of steady buying.
Solana ETF streak ends as BSOL posts $6.13-million outflow
The streak reached 11 trading sessions on Sept. 1, when spot Solana ETFs attracted $10.19 million. SoSoValue data showed cumulative net inflows at $1.351 billion and combined net assets at $1.39 billion after that session. BSOL led with $6.17 million, followed by Fidelity’s FSOL at $2.67 million.
A day later, BSOL posted the full $6.13-million outflow, while the other tracked Solana ETFs stayed flat. Cumulative category inflows slipped to $1.345 billion, and net assets fell to $1.376 billion, according to SoSoValue.
The concentration makes the first negative session less bearish than the headline number alone suggests. The $6.13-million withdrawal reversed about 60% of the previous day’s inflow and trimmed cumulative inflows by roughly 0.4%, leaving the broader ETF total above $1.34 billion.
The larger shift is the slowdown from late August. Solana ETFs drew $60.91 million on Aug. 27, their strongest daily result of 2026, before inflows dropped to $925,000 on Aug. 31 and recovered to $10.19 million on Sept. 1. The Aug. 31 figure was about 98.5% below the Aug. 27 peak, showing that ETF demand had already cooled before the streak ended.
Solana price holds $100 with $6.5 billion in futures open interest
Derivatives activity remains elevated around the same price zone. CoinGlass data showed SOL futures open interest near $6.51 billion, with about $9.2 billion in 24-hour futures turnover against roughly $920.6 million in spot volume. Futures turnover running near 10 times spot volume leaves leverage as an important factor if SOL loses the $100 area.
Crypto market chartist Gordon marked $98 as the immediate retest area in a post on X, with $117 as the next upside level if that support holds. At $100.91, SOL sits only about 2.9% above $98, putting the lower end of the $98-$100 range close to the current price.
If SOL pulls back to $98, BID.
$117 is next.
Connect the dots or stay broke. pic.twitter.com/YmbbOgxGls
— Gordon 🐂 (@GordonGekko) September 1, 2026
Gordon’s setup is conditional. A sustained move below $98 would weaken the breakout structure, while holding the zone would keep $117 in view.
For now, ETF outflow remains concentrated in BSOL, with cumulative Solana ETF inflows still at $1.345 billion.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency prices are highly volatile. Always conduct your own research before making investment decisions.
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