---
title: "Solana Drops 22.9% Over Four Weeks as ETF Trackers Log Withdrawals"
description: "SOL declined across a 28-day stretch to reach a four-week low, alongside fresh fund redemptions on Nov. 6 and Nov. 9."
url: https://basisdesk.news/news/solana-four-week-low-etf-withdrawals
published: 2026-11-10T15:51:35.538Z
modified: 2026-11-10T15:51:35.538Z
section: Altcoins
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bearish
tickers: [SOL, BTC]
tags: [solana, sol, etf, crypto-markets, market-outflows]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Solana Drops 22.9% Over Four Weeks as ETF Trackers Log Withdrawals

SOL declined across a 28-day stretch to reach a four-week low, alongside fresh fund redemptions on Nov. 6 and Nov. 9.

## At a glance

- **What happened:** Solana dropped 22.9% over 28 days to hit a four-week low as ETF trackers registered withdrawals on Nov. 6 and Nov. 9.
- **Why it matters:** The drop outpaced Bitcoin's decline and extended capital flight from Solana-linked investment vehicles.
- **Who is affected:** Solana holders and investors in Solana ETF tracking products.
- **What's next:** No next step announced.
- **Primary source:** [Solana Hits Four-Week Low as Losses Outpace Bitcoin](https://thedefiant.io/news/markets/solana-hits-four-week-low-as-losses-outpace-bitcoin) — thedefiant.io

## Key points

- Solana dropped 22.9% over a 28-day span, hitting a four-week low.
- Solana ETF trackers documented consecutive withdrawals on Nov. 6 and Nov. 9.
- SOL's drawdown outpaced losses recorded by Bitcoin over the same timeframe.

## Editorial remark

- **Context:** Solana fell to a four-week low after sliding beneath the $90 mark during wider digital asset market contraction.
- **Impact:** Solana ETF trackers and spot market holders faced compounding drawdowns as fund redemptions persisted.
- **Watch:** Subsequent flows into Solana ETF products following the Nov. 6 and Nov. 9 withdrawal sessions.

Solana fell to a four-week low as losses outpaced Bitcoin, shedding 22.9% of its value over a 28-day window [1]. During the same timeframe, Solana exchange-traded fund trackers recorded consecutive waves of withdrawals on Nov. 6 and Nov. 9 [1]. At the time of writing, $SOL traded at $82.21, down 6.2% over the prior 24 hours, while $BTC changed hands at $73,179.

## Fund Redemptions and Market Context

The four-week drawdown has seen SOL underperform the broader market, extending past the benchmark asset's recent slide [1]. ETF tracking products linked to Solana registered capital exits on Nov. 6 followed by further withdrawals on Nov. 9, confirming persistent net outflows across institutional investment vehicles during the four-week downturn [1].

The asset's recent decline follows broader market turbulence that saw Solana previously slip below the $90 threshold [1]. Broader crypto indices have reflected heightened market wariness, with the Crypto Fear & Greed Index recording a reading of 32, representing fear, as total digital asset market capitalization stood at $2.44 trillion at the time of writing.

While Solana ETF products logged successive redemptions on Nov. 6 and Nov. 9, the market continues to navigate broader volatility across leading alternative layer-1 networks [1].

## Sources

1. [Solana Hits Four-Week Low as Losses Outpace Bitcoin](https://thedefiant.io/news/markets/solana-hits-four-week-low-as-losses-outpace-bitcoin) — thedefiant.io, 2026-11-10

---
Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai