Browsing: Bitwise Solana ETF

SOL spot ETFs are becoming increasingly significant in the landscape of cryptocurrency investments, evidenced by a remarkable net inflow of $108 million last week alone.This surge marks an impressive five consecutive weeks of net inflows, primarily driven by the popularity of the Bitwise Solana ETF (BSOL) and the Grayscale Solana ETF (GSOL).

The Bitwise Solana ETF is making waves in the cryptocurrency market, particularly following its recent withdrawal of 192,865 SOL from Coinbase, a move valued at an impressive 26.39 million USD.This significant transaction not only highlights the growing interest in cryptocurrency ETFs but also underlines Bitwise’s proactive investment strategies.

Solana’s price is currently at $143.71, reflecting a 4.0% increase, following the launch of the Bitwise Solana ETF, which garnered $420 million in its first week. The ETF’s historic debut has contributed significantly to the… (via Bpaynews real-time desk)

The Bitwise Solana ETF has recorded inflows for three consecutive weeks, accumulating over $580 million during this period. This trend indicates a growing interest in the Solana blockchain and its associated investment products. The ETF’s… (via Bpaynews real-time desk)