By Emir Abyazov Key highlights: $360M exits crypto funds after Fed signals cautious stance on rate cuts Solana attracts $421M inflows — second-largest in its history Bitwise’s Solana Staking ETF debuts strong with $222.8M in assets Hawkish comments from the U.S. Federal Reserve triggered a $360 million outflow from cryptocurrency investment products last week, but […]
Tag: ETF
By Ethan Key Points Institutional outflows from Bitcoin ETFs totaled $799 million in just four days, with BlackRock’s IBIT fund responsible for half of that amount. Price action breached a pivotal Fibonacci support level at $108,434 and slipped below the 7-day simple moving average near $110,813. A single whale transferred over 30,000 BTC—worth roughly $3.3 […]
By Emir Abyazov Key highlights: Bitwise CIO sees Solana thriving as tokenization accelerates Hougan says Solana offers investors “two ways to win” Institutional adoption could send Solana soaring in 2025 Bitwise Chief Investment Officer Matt Hougan shared why he’s betting long-term on Solana, calling it a project that gives investors “two ways to win.” In […]