The funds posted $0.7 million in combined net outflows on Oct. 12, with VSOL accounting for the entire withdrawal and no fund recording an inflow.
The liquidation occurred at $102 at 8:52 p.m. ET Monday (00:52 UTC Tuesday).
SOL was down 6.84% over 24 hours, while long positions accounted for nearly all one-hour liquidations across three major exchanges.
Total SOL liquidations hit $12.31 million as the token fell 2.60% from $106 to $104.
The 250 million USDC issuance was recorded on Oct. 12 at 5:49 p.m. ET, or 21:49 UTC.
Hong Kong's Pando Solana ETF lists October 13 as US SOL funds post record $24.8M weekly outflows, ending a 14-week inflow streak.
The Nasdaq-listed company now holds about 2.59 million SOL, but its weekly purchases keep shrinking.
The platform initially offers 12 securities tied to U.S. stocks, with transactions settling in USDC and access limited to eligible investors in permitted jurisdictions.
The Solana Foundation announced an open-source program, Solana DvP, that lets institutions settle trades in seconds rather than days.
The Nasdaq-listed company added approximately 22,070 SOL and SOL equivalents during the week before Oct. 12, citing purchases and organic accumulation.
The launch comes as U.S. funds recorded $24.8 million in recent outflows, highlighting diverging regional demand for Solana investment products.
Proposed signer programs would preserve offline approval while requiring affected operators to reassess account authorities, application access and custody controls.