Bitwise Sees $100 Million Crypto Fund Influx in Single Day
Bitwise, a cryptocurrency investment fund manager, experienced a significant influx of capital over the past day. According to reports, the company received approximately $100 million in new investments.
The majority of this influx came from three sources: XRP ($1.42), Solana, and Hyperliquid. Together, they accounted for $72 million of the total investment.
In related news, US spot Bitcoin ETFs have seen a significant surge in interest over the past eight trading days, attracting a total of $2.8 billion. Meanwhile, gold and Bitcoin funds saw a combined influx of $7 billion over the past five days.