Bitwise Records $100M Inflow as Solana Leads Crypto ETPs
Bitwise's US crypto ETPs drew ~$100M in a day; Solana products took ~$40M. CEO Hunter Horsley said investors are adding exposure. Bitcoin ETFs have an eight-day inflow streak totaling $2.8B.
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Bitwise has recorded roughly $100 million in inflows across its U.S. crypto exchange-traded products in a single day, according to data provided by CEO Hunter Horsley.
Solana products led the flows with around $40 million. Bitcoin products came in second with approximately $22 million. Hyperliquid ranked third at roughly $20 million, and XRP products attracted about $12 million. Ethereum-related products accounted for roughly $1.4 million. Solana, Hyperliquid and XRP together made up about $72 million of the day's total, far outstripping Ethereum's share.
"Investors are adding exposure to crypto," Horsley said.
The Bitwise Solana Staking ETF (BSOL) posted its highest trading volume since launch, with more than $126 million changing hands on the same day.
The flows arrive as crypto investment products see renewed interest amid Bitcoin's recovery toward $80,000. U.S. spot Bitcoin ETFs have recorded eight consecutive trading sessions of net inflows, bringing their combined intake over the period to roughly $2.8 billion. BlackRock's IBIT accounted for approximately $2.02 billion, or 72%, of that eight-day streak.
Bloomberg ETF analyst Eric Balchunas noted that gold and Bitcoin funds together attracted a combined $7 billion over a five-day period, which he described as a record. He linked the flows to a broader "debasement trade" as investors increasingly seek alternative assets.
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