Solana ETFs Lose $71.47M as SOL Price Falls to $91

Solana price is under renewed pressure after U.S. spot Solana ETFs recorded $71.47 million in net outflows across the latest completed weekly trading sessions. The withdrawal total, covering October 26 through October 30, was reported as the largest weekly outflow since the products launched. SOL was trading at $91 on Tuesday, November 3, 2026, down 3.10% over 24 hours, while the Crypto Fear and Greed Index stood at 26, indicating Fear.

The combination matters because ETF flows provide a visible measure of institutional demand. When redemptions exceed new share creations, the signal is not automatically bearish for every future session, but it shows that large investors have recently reduced exposure. With SOL near the low-$90 range and below the psychologically important $100 area, traders are watching whether ETF demand stabilizes or continues to weaken.

Solana ETFs post heavy weekly withdrawals

According to market-flow reporting based on SoSoValue data, U.S. spot Solana ETFs registered $71.47 million in net outflows during the October 26 to October 30 trading week. The figure was described as the largest weekly withdrawal since launch, making it the most important institutional-flow development in the current Solana market update.

Bitwise’s BSOL accounted for the largest reported share of weekly withdrawals, at $45.82 million. Grayscale’s GSOL recorded $25.71 million in outflows, while Morgan Stanley’s MSOL posted a small $49,300 inflow. Across the funds, reported net assets totaled about $1.40 billion, equal to roughly 2.49% of SOL’s market capitalization.

The distribution is relevant. Outflows were concentrated in two larger products rather than spread evenly across every fund, while the small MSOL inflow suggests that some institutional participation remained. Still, the overall result points to net selling or redemption pressure across the ETF complex.

Latest session shows no net ETF flow

The newest flow report, published Tuesday, November 3, showed no net flow for the Monday, November 2 U.S. trading session. All seven tracked funds were reported with zero inflows or outflows for that day. The absence of a daily flow is not the same as a recovery in demand, but it does mean the latest session did not add to the reported ETF selling total.

Across the five latest trading sessions, combined ETF outflows reached $63.4 million in the latest report. That shorter-window figure differs from the $71.47 million weekly total because reporting periods and calculation windows can vary. The broader message remains consistent: recent ETF activity has been negative, while the latest single session was flat.

• Weekly ETF flow: $71.47 million net outflow for October 26 to October 30.
• Latest session: No net flow reported for Monday, November 2.
• Five-session total: $63.4 million in cumulative outflows in the latest report.
• Current implication: Institutional demand has not yet provided a clear bullish catalyst for SOL.

SOL price falls toward the low-$90 range

SOL traded near $91.67 on Monday, November 2, down about 2.9% over 24 hours according to market coverage. By Tuesday, November 3, the live market data placed SOL at $91, with a 24-hour decline of 3.10% and a market capitalization of $53,956,825,430.

The price action reinforces the ETF-flow concern. Weak fund demand alone does not determine spot prices, but persistent redemptions can undermine sentiment when they occur alongside a breakdown in major psychological levels. SOL’s move below $100 leaves the token needing a sustained recovery above that zone before the market can treat the recent weakness as a failed breakdown rather than an ongoing trend.

For now, the market is focused less on a single intraday bounce and more on whether SOL can hold the low-$90 area. A failure to stabilize would keep attention on lower support zones, although specific support levels should be confirmed against a live chart because volatility can quickly invalidate static technical targets.

Fear dominates the broader crypto market

The Crypto Fear and Greed Index was 26 on Tuesday, November 3, classified as Fear. The reading indicates that risk appetite is weak across crypto markets, which can amplify selling in higher-beta assets such as Solana.

Fear can also create conditions for sharp countertrend rallies. However, a low sentiment reading is not by itself a buy signal. Traders generally need confirmation from price structure, spot volume, derivatives positioning, and ETF flows before concluding that selling pressure has been exhausted.

For a solana beginner, the key distinction is between sentiment and fundamentals. Fear describes how investors are positioned and feeling at a given time, while it does not establish where SOL must trade next. The current reading is useful context, but it should be considered alongside liquidity, market-wide Bitcoin direction, and new ETF-flow data.

Key SOL market levels and indicators

What the ETF outflow means for SOL price sentiment

The immediate market interpretation is cautious. ETF investors have recently withdrawn capital, SOL has lost ground, and the Fear and Greed Index remains in Fear territory. Together, these factors create a negative short-term backdrop for Solana price sentiment.

There are also limits to the conclusion. The weekly outflow was recorded during October 26 to October 30, not on Tuesday, November 3. It should therefore be treated as a recent catalyst and not as a real-time measure of every investor’s positioning. In addition, Monday’s zero net flow suggests that selling did not continue in the same form during the latest reported session.

The next ETF reports will be important because a return to net inflows could improve sentiment even if SOL remains below $100. Conversely, another sequence of outflows would reinforce the view that institutional demand is still a headwind.

Getting started: what to watch next

For readers getting started with Solana market analysis, the most important signals over the next several sessions are:

• ETF flows: Watch whether the next reports show inflows, flat activity, or renewed redemptions.
• The $100 area: A recovery above this psychological level would improve the short-term chart narrative, while continued rejection would keep pressure on SOL.
• Low-$90 price behavior: The market needs to show stabilization rather than simply produce a brief intraday bounce.
• Crypto sentiment: A move away from Fear would support risk appetite, but sentiment should follow improving price and flow data rather than replace them.
• Bitcoin and broader liquidity: Solana often trades as part of the wider crypto market, so weakness in major assets can limit any SOL-specific recovery.

FAQ

Why are Solana ETF outflows important?

ETF outflows mean that redemptions exceeded new share creations during the measured period. They are important because they offer a transparent indicator of recent institutional demand, although they do not predict every future SOL price move.

Did Solana ETFs record an outflow on Monday, November 2?

The latest report showed no net flow across the tracked U.S. spot Solana ETFs for Monday’s trading session. The reported five-session total, however, remained negative at $63.4 million.

Is SOL at $91 a confirmed bottom?

No. The supplied market data places SOL at $91, but price alone cannot confirm a bottom. Traders typically look for stabilization, improving volume, stronger ETF flows, and a recovery of important price levels.

What does a Fear reading of 26 mean?

A reading of 26 indicates Fear on the Crypto Fear and Greed Index. It reflects weak market sentiment and reduced risk appetite, but it does not guarantee that prices will rise or fall next.

What to watch next

The near-term Solana outlook depends heavily on whether ETF demand improves after the recent $71.47 million weekly withdrawal. A flat session on Monday, November 2 provides limited relief, but a sustained flow reversal would be a stronger signal. Until that happens, SOL near $91 remains vulnerable to broader crypto weakness and continued risk reduction.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile, and you should conduct your own research and consider your risk tolerance before trading or investing.