The company disclosed that Bitwise ' s encrypted ETF and ETP products in the United States market attracted a single-day inflow of approximately $100 million, indicating a rebound in investor demand for the deployment of encrypted assets. This inflow was headed by Solana and second by Bitcoin.

Financial flows to top five assets

  • Solana: About $40 million
  • Bitcoin: about $22 million
  • Hyperliquid: About $20 million
  • XRP: About $12 million
  • Etherwood: approximately $1.4 million

Of this amount, Solana, Hyperliquid and XRP together amount to approximately $72 million, which is significantly higher than the inflow of products associated with the Taifaf. Solana alone accounted for about 40 per cent of total inflows as of that date.

The BSOL deal has risen to a new high.

Under the banner of Bitwise, Solana pledged ETF “BSOL” over $126 million on that day, the highest level since the product was listed. Inflows were accompanied by a condensation of transactions, indicating a growing market interest in Solana-related traded products.

In terms of a single-day structure, funds are not concentrated only in bitcoin, but rather in more assets such as Solana, Hyperliquid and XRP. This reflects the fact that some investors are expanding their overall exposure to the encryption market.

Bitcoin spot ETF company net inflows for eight days

At the time of the release of Bitwise data, the real bitcoin ETF in the United States was also continuing its net inflow. It was reported that such products had recorded net inflows on eight consecutive trading days, with cumulative ingestion of about $2.8 billion.

Of that amount, net daily inflows of approximately $232 million on 27 August were below the high point of $606 million created on 20 August. Under the Beled flag, IBIT accounted for approximately 72 per cent of net inflows for the eight-day round, with counterpart funds of approximately $2.02 billion.

Additional information:The Bloomberg ETF analyst Eric Balchunas had previously indicated that gold and the Bitcoin Fund together attracted some $7 billion over five days and linked the phenomenon to the tendency of investors to move to alternative asset allocation.