Bitwise’s Solana Staking ETF (BSOL) has shattered expectations with a record-breaking $69 million debut, marking the strongest ETF launch of 2024. The fund’s unique yield-generating structure and Solana’s robust fundamentals have attracted genuine institutional interest beyond typical speculative activity. This successful launch positions Solana as a serious competitor in the institutional crypto ETF space.
read moreMatt Hougan
5 posts last week
Bitwise Solana ETF Hits $56M Volume on NYSE Debut
Bitwise’s Solana Staking ETF (BSOL) has stormed onto the New York Stock Exchange with a remarkable $56 million in first-day trading volume, signaling strong institutional appetite for crypto yield products. According to Bitwise Chief Investment Officer Matt Hougan, the fund represents “the missing part of the puzzle” for professional investors seeking comprehensive Solana exposure, combining price appreciation potential with staking rewards generation.
read moreBitwise Solana ETF Sees $56M Launch Amid Government Shutdown
Bitwise’s Solana Staking ETF (BSOL) has made a powerful market debut with $56 million in first-day trading volume, defying expectations during a US government shutdown. The fund’s strong start signals growing institutional appetite for alternative crypto investment products beyond Bitcoin and Ethereum, with Bitwise CIO Matt Hougan predicting BSOL could become one of the leading digital asset investment products.
read moreBinance Whales Accumulate UNI Amid DeFi Market Weakness
While Uniswap’s UNI token struggles to regain its early-October strength amid broader DeFi sector weakness, on-chain data reveals a surprising trend: major investors are quietly accumulating the asset. Binance has recorded the highest UNI whale outflows in three months, with daily peaks reaching 17,400 tokens moving off-exchange, suggesting strategic positioning by large holders despite ongoing governance concerns and a declining market cap that now sits at $4.13 billion.
read moreAnalyst Predicts XRP, Solana, Cardano to Hit $1,000+
Crypto analyst Remi has made bold price predictions for major cryptocurrencies including XRP, Solana, and Cardano, suggesting they could reach unprecedented levels during the current market cycle. He describes his $1,000 targets for XRP and Solana and $100 for Cardano as ‘semi-conservative’ estimates. The analyst also provides crucial advice on profit-taking strategies and security measures for investors.
read moreBitwise CIO: DeFi Proves Resilience in Market Turbulence
Bitwise’s chief investment officer Matt Hougan has declared that the cryptocurrency market successfully weathered its largest leveraged wipeout in history last weekend, describing the event as a temporary setback rather than a systemic failure. In his assessment, decentralized finance platforms including Uniswap, Hyperliquid, and Aave performed exceptionally well with no reported losses, while centralized exchanges like Binance encountered technical issues. Hougan concluded that the crypto ecosystem handled the stress test as well as or better than traditional financial markets would have under similar conditions, awarding the sector a ‘passing grade’ for its resilience and recovery capabilities.
read moreBitwise CIO: Bitcoin Selloff Just a Blip, Bull Market Intact
Recent crypto market turbulence triggered by geopolitical tensions tested investor resolve, but Bitwise CIO Matt Hougan believes the swift recovery reaffirms the ongoing bull market’s strength. The selloff sparked by Trump’s trade threats against China caused Bitcoin to plunge 15% and altcoins to drop up to 40%, yet markets quickly stabilized. Hougan argues the episode revealed crypto’s maturity rather than structural weakness.
read moreBitwise CIO Predicts Record Bitcoin ETF Inflows by 2025
Bitwise Chief Investment Officer Matt Hougan forecasts a historic finish for Bitcoin ETFs in 2025, predicting Q4 inflows could reach unprecedented levels. He identifies three key catalysts driving this optimistic outlook, including major platform approvals from wealth management giants, the growing ‘debasement trade’ strategy, and Bitcoin’s strong market momentum. Early Q4 numbers already show $3.5 billion in ETF inflows within just four trading days, supporting Hougan’s bullish projection that the sector could easily exceed $10 billion more in inflows and potentially surpass last year’s record $36 billion.
read moreBitcoin ETF Inflows Set for Q4 Record, Analysts Bullish
Bitwise’s Chief Investment Officer Matt Hougan forecasts record-breaking Bitcoin ETF inflows in the fourth quarter as analysts maintain bullish outlooks. Despite reaching new all-time highs, technical indicators suggest Bitcoin remains in stable territory with further upside potential. Market experts believe the cryptocurrency is only midway through its typical four-year price cycle.
read moreBitwise CIO’s $1T Bitcoin Fund Prediction Sparks Debate
Bitwise Chief Investment Officer Matt Hougan’s cryptic ‘$1 trillion inbound’ social media post has ignited fresh discussion about Bitcoin fund growth potential. The comment came as Bitcoin hit a new all-time high of $126,080, fueling speculation about institutional adoption. Market analysts are now debating whether Bitcoin-focused funds could realistically quintuple from current levels.
read more