Bitwise recorded approximately $100 million in inflows across its U.S. crypto exchange-traded products in a single day, according to CEO Hunter Horsley. Solana products led with around $40 million, followed by Bitcoin with $22 million, Hyperliquid with $20 million, and XRP with $12 million, while Ethereum attracted only about $1.4 million. The Bitwise Solana Staking ETF achieved its highest trading volume since launch, exceeding $126 million. This momentum comes amid renewed interest in digital assets as Bitcoin recovers toward the $80,000 level. U.S. spot Bitcoin ETFs recorded eight consecutive trading sessions of net inflows totaling approximately $2.8 billion, with BlackRock’s IBIT capturing 72% of that amount. Bloomberg ETF analyst Eric Balchunas described this movement as a « debasement trade, » noting that Bitcoin and gold funds attracted a combined $7 billion over a five-day period.
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