$100 Million Flows into Bitwise Crypto ETFs Amid Bitcoin Recovery
Bitwise Crypto ETFs Attract $100 Million in One Day
Bitwise has recorded a significant influx of funds into its U.S. crypto exchange-traded products, with approximately $100 million flowing in over a single day. The company's CEO, Hunter Horsley, attributes this surge to investors adding exposure to crypto.
Solana-based products led the charge, attracting around 40% of the total inflows at roughly $40 million. Bitcoin products came second, with about $22 million invested. Hyperliquid and XRP products also saw substantial interest, with $20 million and $12 million respectively.
The Bitwise Solana Staking ETF (BSOL) recorded its highest trading volume since launch, with over $126 million traded on the day.