Bitwise's U.S. crypto ETFs pulled in roughly $100 million in a single day, with Solana products capturing the largest share. The flows come as Bitcoin recovers toward $80,000 and spot Bitcoin ETFs extend an eight-day inflow streak.
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, roughly 40% of the day's total. Bitcoin products came in second with approximately $22 million, while Hyperliquid ranked third with roughly $20 million. XRP products attracted about $12 million, and Ethereum-related products accounted for approximately $1.4 million.
Together, Solana, Hyperliquid and XRP accounted for roughly $72 million of the total, significantly exceeding the amount allocated to Ethereum. The Bitwise Solana Staking ETF (BSOL) recorded its highest trading volume since launch, trading more than $126 million on the day. According to U.Today: "Investors are adding exposure to crypto," Horsley said.
The figures arrive as Bitcoin recovers toward the $80,000 level. 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. Bitcoin ETFs attracted $232 million on Wednesday, down from a daily peak of $606 million recorded on August 20.
BlackRock's IBIT has accounted for approximately $2.02 billion, or 72%, of the eight-day inflow streak. Bloomberg ETF analyst Eric Balchunas noted that gold and Bitcoin funds had attracted a combined $7 billion over a five-day period, which he described as a record, linking the flows to a broader "debasement trade" as investors seek alternative assets.
Source: U.Today
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