Crypto asset manager Bitwise recorded $100 million in net daily inflows into its US ETP lineup during trading on August 27, 2026. The capital flow figures were first disclosed via preliminary reporting by Bitwise CEO Hunter Horsley, while official confirmation remains subject to the company’s fund-level data release.
Defying typical market trends, the fresh capital was not concentrated in flagship assets. Three Bitwise altcoin products - spanning Solana, Hyperliquid, and XRP - captured $72 million in inflows. That figure exceeded the combined inflows of Bitcoin and Ethereum products from the same issuer by more than sevenfold on the day.
Solana Draws Forty Percent of Capital
Approximately 40% of total inflows into Bitwise went to Solana, with transaction value topping $40 million. The heavy capital injection propelled the Bitwise Solana Staking ETF (BSOL) to an all-time high in trading volume. The fund, which has traded on the NYSE Arca exchange since October 2025, posted more than $126 million in single-session volume, breaking its previous record of $108 million set on August 24.
BSOL’s operating model offers a distinct appeal to market participants. Rather than merely holding assets in custody, the fund commits roughly 99% of its treasury SOL tokens to staking contracts. The staking rewards generated from validating the Solana network are then distributed directly to investors after deducting standard management fees.
Growing mainstream financial adoption has also legitimized the instrument. A major bank recently approved BSOL shares as eligible collateral for client loan facilities with a maximum loan-to-value (LTV) ratio of 25%. At the time the collateral approval took effect, BSOL held 8.18 million SOL in its reserves.
Hyperliquid and XRP Also Attract Capital
The altcoin momentum extended to two other Bitwise offerings. The Bitwise Hyperliquid product (BHYP) ranked as the third-largest contributor, pulling in $20 million in inflows. Following behind, the firm’s XRP investment product added another $12 million in fresh investments.
Institutional capital flows into this tier of assets came even as Bitcoin’s own price momentum surged in the green. Bitcoin traded around $79,770 on August 28, after briefly touching an intraday high of $81,280. The largest cryptocurrency has gained 28% across August.
Across the broader ETF landscape, inflows into Bitcoin instruments have remained far from dry. US spot Bitcoin ETFs recently completed an eight-session consecutive streak of net inflows through August 26. Data from market tracker SoSoValue showed that the streak attracted $2.8 billion in fresh capital into Bitcoin ETFs.
Blurring Traditional Boundaries
The shift in investment focus across Bitwise’s product suite indicates that institutional players are growing increasingly comfortable venturing beyond Bitcoin in pursuit of secondary yields. With altcoin ETF shares like BSOL being accepted as bank loan collateral just like conventional assets, the boundaries separating crypto capital markets from traditional banking services continue to blur. Reported by crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
