bitwise

According to The Block, Matt Hougan, Chief Investment Officer of the cryptocurrency asset management company Bitwise, stated that regardless of whether artificial intelligence drives economic prosperity, investment bubbles burst, or growth remains moderate, Bitcoin will ultimately benefit.Hougan mentioned that if the artificial intelligence-related market crashes, Bitcoin may initially decline. He anticipates that subsequent government bailouts and monetary expansion will drive Bitcoin prices up.

Bitwise analyst Ishmael Asad posted on the X platform that Bitwise is currently collaborating with over 20 wealth management platforms, with a total asset management scale of approximately $24 trillion. Bitwise is also promoting the approval of cryptocurrency exchange-traded products (ETPs) by relevant platforms so that their investment advisors can provide clients with channels for cryptocurrency allocation.Currently, among the institutions collaborating with Bitwise, 17 have approved cryptocurrency concept stock ETPs, 11 have approved Bitcoin ETPs, 6 have approved Ethereum ETPs, 6 have approved ETPs for the top ten cryptocurrency portfolios, and 2 have approved Solana ETPs, with 1 each approving Bitcoin and gold combination and XRP ETPs. Asad stated that since the first batch of spot cryptocurrency ETFs was launched in January 2024, the cumulative net inflow into cryptocurrency ETPs has been approximately $77 billion. Currently, there are over 50 spot cryptocurrency ETPs in the U.S. market, and the number is still increasing, covering BTC, ETH, SOL, AVAX, LINK, XRP, ZEC, HYPE, cryptocurrency portfolios, and more. In addition, the interest of wealth management institutions in cryptocurrency assets is also continuously growing, and the related demand is extending from ETPs to cryptocurrency trading and custody, payment, and tokenization fields.

Bitwise Chief Investment Officer Matt Hougan stated that the third quarter may be one of the best-performing quarters in cryptocurrency history, with a significant price rebound and continuous growth in the on-chain market, pointing to the beginning of a "crypto spring." The quarterly market review released by Bitwise shows that its large-cap crypto index rose 46.4% in Q3, while the U.S. spot Bitcoin ETF recorded $6 billion in inflows during the same period, bringing the year-to-date net inflow back into positive territory.The growth is not limited to coin prices. The value of tokenized stocks increased by 65.5% to nearly $3.2 billion, and the open interest in decentralized perpetual contracts reached a new high of nearly $26 billion, with the proportion linked to stocks, commodities, foreign exchange, and pre-IPO shares continuously rising. Bitcoin rose 42.3% in Q3, while Ethereum and Solana increased by 69.1% and 59.2%, respectively. All ten constituent assets of the large-cap index recorded double-digit quarterly gains, with Chainlink leading at a 97.6% increase.The rebound did not cover all sectors of the industry. Bitcoin mining companies Riot Platforms and Hut 8 saw their stock prices drop by 26.4% and 25.4% in Q3, respectively, while Galaxy Digital fell by 16.8%; the number of publicly traded companies holding Bitcoin decreased by nearly 6% to 173, and the number of companies holding Ethereum dropped from 40 to 35.

According to SoSoValue data, yesterday (Eastern Time October 13), the SOL spot ETF had a total net outflow of $1.0404 million.Yesterday, only the Bitwise Solana Staking ETF (BSOL) experienced a net outflow, with a single-day net outflow of $1.0404 million, and the historical total net inflow currently stands at $1.197 billion.As of the time of publication, the total net asset value of the SOL spot ETF is $1.714 billion, with a SOL net asset ratio of 2.72%, and the historical cumulative net inflow has reached $1.581 billion.

Bitwise Chief Investment Officer Matt Hougan recently stated in an interview that Bitcoin's market capitalization could rise to $30 trillion in the next decade, with a path similar to the long-term expansion following the launch of gold ETFs.He compared two time points: in 2004, when gold ETFs were introduced, the gold market was approximately $2.5 trillion; by 2024, when Bitcoin spot ETFs are expected to launch, Bitcoin's market capitalization is around $2 trillion.Hougan believes that the long-term upside potential for Bitcoin remains significant, and the real risk does not lie at the protocol level or in quantum computing, but rather in whether investors can navigate multiple bull and bear cycles and maintain their holdings.

Bitwise CEO Hunter Horsley stated in an interview with The Block at the Digital Asset Summit 2026 Asia that the failure of the Bitwise spot Dogecoin ETF is "tragic," highlighting the "difference" between the users served by spot ETFs and those served by crypto brokerage applications. The Bitwise Dogecoin ETF (BWOW) was listed on the New York Stock Exchange in November 2025 and is set to close less than a year after its launch, with trading halting after October 14. According to SoSoValue data, as of October 7, the fund managed approximately $725,900 in assets, with a trading volume of $51,500 in September.Horsley expressed that he likes and holds Dogecoin, believing that it is historically a useless token but represents something and is a reasonable asset; however, it has shown no progress as an ETF. He thinks ETF users do not want to invest money in Dogecoin, but this may change over time; he denied that Bitwise targeted the wrong audience and described crypto ETFs as a channel. In contrast, he is more confident about the success of the Bitwise Solana Staking ETF (BSOL), stating that its pioneering staking feature contributed to its success, but the $1.3 billion in net assets ultimately reflects a bet on Solana.AI is currently one of Bitwise's focuses. Horsley stated that crypto and AI originate from the same source, with the former reconstructing financial services as software and the latter enabling machines to perform tasks previously done by humans;

According to SoSoValue data, yesterday (Eastern Time October 5), the total net outflow of the SOL spot ETF was $9.2451 million.The SOL spot ETF with the highest net outflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a net outflow of $7.1213 million for the day, and the historical total net inflow has reached $1.212 billion.Next was the Fidelity Solana Fund ETF (FSOL), with a net outflow of $2.1238 million for the day, and the historical total net inflow has reached $232 million.As of the time of writing, the total net asset value of the SOL spot ETF is $1.930 billion, with a SOL net asset ratio of 2.72%, and the historical cumulative net inflow has reached $1.599 billion.

According to SoSoValue data, during the last trading day (Eastern Time from September 28 to October 2), the HYPE spot ETF had a net inflow of $3.306 million.The HYPE spot ETF with the highest net inflow last week was Grayscale Hyperliquid Staking ETF HYPG, with a weekly net inflow of $8.3355 million. Currently, the historical total net inflow of HYPG has reached $153 million.The HYPE spot ETF with the highest net outflow last week was Bitwise ETF BHYP, with a weekly net outflow of $5.0295 million. Currently, the historical total net inflow of BHYP has reached $144 million.As of the time of writing, the total net asset value of the HYPE spot ETF is $47.8 million, and the ETF net asset ratio (the market value as a percentage of the total market value of HYPE) is 2.48%. The historical cumulative net inflow has reached $346 million.

According to SoSoValue data, last week's trading days (Eastern Time from September 28 to October 2) saw a net inflow of $4.7439 million for XRP spot ETFs.The XRP spot ETF with the highest net inflow last week was Franklin Templeton ETF XRPZ, with a weekly net inflow of $4.0650 million, bringing the historical total net inflow for XRPZ to $505 million; followed by Canary ETF XRPC, with a weekly net inflow of $780,900, currently having a historical total net inflow of $490 million.The XRP spot ETF with the highest net outflow last week was Bitwise ETF XRP, with a weekly net outflow of $101,900, currently having a historical total net inflow of $677 million.As of the time of writing, the total net asset value of XRP spot ETFs is $1.66 billion, with an ETF net asset ratio (market value compared to total XRP market value) of 1.79%, and the historical cumulative net inflow has reached $1.79 billion.

Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate did not advance the CLARITY Act, stablecoin platforms retain the space to offer balance rewards to customers, and exchanges like Coinbase continue to hold the advantages of existing state-level licenses and the integration of trading and brokerage services.The U.S. Securities and Exchange Commission (SEC) has issued a five-year exemption for tokenized stock trading, allowing eligible platforms to test using licensed automated market makers and liquidity pools. Hougan listed Securitize, which will serve tokenized funds for BlackRock, Apollo, and KKR, as a beneficiary. SEC staff updated the token buyback guidelines, stating that for networks that are functional and do not have a centralized party, buyback announcements do not constitute a commitment relied upon by buyers for expected profits; this guideline does not have legal effect.

According to SoSoValue data, yesterday (Eastern Time October 2), the total net inflow of the SOL spot ETF was $1.3011 million.Yesterday, only the Bitwise Solana Staking ETF (BSOL) had a net inflow, with a single-day net inflow of $1.3011 million, bringing the historical total net inflow to $1.219 billion.As of the time of writing, the total net asset value of the SOL spot ETF is $1.905 billion, with a SOL net asset ratio of 2.75%, and the historical cumulative net inflow has reached $1.608 billion.

According to SoSoValue data, yesterday (Eastern Time October 2) the XRP spot ETF had a total net outflow of 3.28 million USD in a single day.Yesterday, only the Bitwise XRP ETF (XRP) experienced a net outflow, with a single-day net outflow of 3.28 million USD, and the historical total net inflow has reached 677 million USD.As of the time of publication, the total net asset value of the XRP spot ETF is 1.658 billion USD, with an XRP net asset ratio of 1.79%, and the historical cumulative net inflow has reached 1.791 billion USD.

NEAR Protocol officially stated that the newly launched Bitwise NEAR ETF has accumulated net inflows exceeding 50 million dollars, and indicated that institutional investors are choosing NEAR.Relevant data shows that the ETF began trading on September 29, and as of September 30, the accumulated net inflows have exceeded 50 million dollars.

Bitwise CEO posted on the X platform that the Bitwise Chainlink ETF has received inflows for three consecutive days, with assets under management exceeding 68 million dollars.

According to SoSoValue data, yesterday (Eastern Time October 1), the total net outflow of the SOL spot ETF was $5.9079 million.Among them, Grayscale Solana Trust (GSOL) had a net inflow of $5.3804 million in a single day, with a historical total net inflow of $170 million.Bitwise Solana Staking ETF (BSOL) had a net outflow of $6.5117 million in a single day, with a historical total net inflow of $1.218 billion.As of the time of writing, the total net asset value of the SOL spot ETF is $1.906 billion, with a net asset ratio of 2.74%, and the historical cumulative net inflow has reached $1.606 billion.

Bitwise CEO posted on the X platform, stating that investors should buy during the NEAR pullback. Bitwise NEAR ETF NRR saw a net inflow of approximately 9 million dollars on the third day.

According to SoSoValue data, yesterday (Eastern Time September 30) the total net outflow of Bitcoin spot ETFs was $149 million.The Bitcoin spot ETF with the highest single-day net outflow yesterday was Fidelity ETF FBTC, with a single-day net outflow of $126 million. Currently, FBTC has a historical total net inflow of $10.927 billion.Next was Bitwise ETF BITB, with a single-day net outflow of $13.6274 million. Currently, BITB has a historical total net inflow of $2.098 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $10.7982 billion, and the ETF net asset ratio (market value compared to the total market value of Bitcoin) is 6.42%. The historical cumulative net inflow has reached $57.495 billion.

Bitwise officially stated that the first spot NEAR ETP, Bitwise NEAR ETF (NRR), has reached an asset management scale of 52.8 million USD, with a net inflow of 13.2 million USD yesterday and a trading volume of 20.1 million USD.According to previous news, Bitwise plans to stake the NEAR tokens held by the fund internally to maximize participation in the average staking reward of approximately 5% for NEAR.