Bitwise crypto ETFs attract $100M in one day, led by Solana

59 minutes ago 3



Bitwise’s U.S. crypto exchange-traded products attracted approximately $100 million in net inflows on Aug. 27, led by demand for Solana, Bitcoin and Hyperliquid funds, according to company CEO Hunter Horsley. Summary Bitwise reported approximately $100 million in daily inflows across its U.S. crypto exchange-traded products Thursday. Solana products led with roughly $40 million, followed by Bitcoin products near $22 million overall. Hyperliquid and XRP products attracted approximately $20 million and $12 million respectively during Thursday’s session. BSOL recorded more than $126 million in trading volume, its highest session since launch Thursday. Trading volume measures shares exchanged while fund inflows represent net investor capital entering products directly. Horsley said Solana products received about $40 million, the largest share of Bitwise’s daily intake. Bitcoin products followed with approximately $22 million, while Hyperliquid and XRP funds attracted about $20 million and $12 million respectively. Ethereum products received approximately $1.4 million. The five disclosed categories total about $95.4 million, indicating that other Bitwise products or rounding accounted f...

Read Entire Article