Bitwise crypto ETPs draw $100M, led by SOL inflows

About $100 million flowed into Bitwise’s U.S. ETP lineup on Aug. 27, with investors increasing crypto exposure, Bitwise CEO Hunter Horsley said. By asset, SOL led with about $40 million in inflows, followed by BTC at about $22 million, HYPE at about $20 million, XRP at about $12 million and ETH at about $1.4 million. Bitwise President Teddy Fusaro added that trading volume in the firm’s Solana staking ETF, BSOL, topped $126 million the same day, surpassing the record set on Aug. 25 and marking the highest single-day trading volume among Solana ETFs.