Investors poured $267 million into Bitwise’s Solana ETF, but market losses erased every cent

$262.9 million of unrealized SOL depreciation drove most of a $316 million operational loss. The post Investors poured $267 million into Bitwise’s Solana ETF, but market losses erased every cent appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories

Bitcoin 'Anti-Spam' Fork Sputters to a Halt After Mining Just Two Blocks
The breakaway chain drew just 2.53% of mining support, leaving its blocks hours apart and roughly 350 days from a difficulty adjustment while the main network powered ahead.

A $1.8 billion leverage trap is building on Solana as traders pay 11-month high rates to defend $78
Aggregated funding on SOL perpetual futures has climbed to its highest level since September 2025, according to Velo data. Solana's futures open interest sits near $1.8 billion, equal to roughly 23.1 million SOL in notional exposure at current prices. Most major venues, including Binance, Bybit, Hyperliquid and OKX…

Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects
A volunteer security effort says it has scanned 150 Bitcoin repositories, disclosed more than a dozen vulnerabilities, and is building an open-source AI platform to automate software security reviews.