Latest Update
2026-09-16 13:05 UTC

Bitwise: Sells $50M BTC, ETH, HYPE via ETFs

Bitwise: Sells $50M BTC, ETH, HYPE via ETFs

Bitwise ETFs sold 162.78 BTC and 14.3K ETH worth $46.5M plus 50.6K HYPE while Solana ETF bought 13.75K SOL from Coinbase.

Source

Analysis

Bitwise ETFs sold 162.78 BTC (~$12.32M), 14.3K ETH (~$34.21M) and 50.60K HYPE (~$3.94M). Its Solana ETF simultaneously acquired 13.75K SOL (~$1.34M) from Coinbase.

ETH trades at $2480.53 inside the Bollinger band with upper resistance at $2503.25. The 50-EMA at $2465.23 provides concrete support while the MACD golden cross at -3.72 and neutral RSI of 55.75 keep the bullish structure intact on the 4-hour chart.


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