Bitwise to Allocate 10% of BHYP ETF Fees to HYPE Treasury

Bitwise to allocate 10% of BHYP ETF fees to HYPE treasury

Bitwise to Direct 10% of Hyperliquid ETF Fees Into HYPE Purchases for Its Balance Sheet

HYPE is up over 5% over the past 24 hours and extending its weekly gains to over 13%. The catalyst for this bullish momentum seems to be Bitwise’s newly launched Hyperliquid ETF and its latest news on the structural design of the ETF that dropped on Monday. Bitwise announced that 10% of the management fee from the Hyperliquid ETF (BHYP) will be used to buy HYPE directly for its corporate balance sheet and then stake those tokens through Bitwise …

CoinStats - Bitwise to Direct 10% of Hyperliquid ETF Fees...

HYPE is up over 5% over the past 24 hours and extending its weekly gains to over 13%. The catalyst for this bullish momentum seems to be Bitwise’s newly launched Hyperliquid ETF and its latest news on the structural design of the ETF that dropped on Monday. Bitwise announced that 10% of the management fee from the Hyperliquid ETF (BHYP) will be used to buy HYPE directly for its corporate balance sheet and then stake those tokens through Bitwise …

HYPE jumps after Bitwise adds Hyperliquid token to its balance sheet

Bitcoin is stuck below the $77,000 level while Ethereum (ETH) is struggling to overcome the $2,200 resistance mark. However, HYPE, the native coin of the Hyperliquid DEX, is rallying, outperforming the other coins in the top 10. HYPE is up by more than 4% in the last 24 hours and is now approaching...

HYPE Jumps On Bitwise’s Hyperliquid ETF Move—Galaxy Secures BitLicense In NY

The entire crypto market opened the week on a turbulent note, with Bitcoin (BTC) giving back about 6% over the past seven days. Even with the broader market’s pullback, Hyperliquid’s native token, HYPE, stood out from the competition. HYPE Jumps On Bitwise’s 10% Fee-To-Token Plan One of the key drivers behind the altcoin’s Monday strength […]

Bitwise HYPE ETF pledges 10% fees to buybacks

Bitwise will devote 10% of its HYPE ETF management fee to buying HYPE on its balance sheet. Bitwise Asset Management announced that it will devote 10% of the management fee from its Bitwise Hyperliquid ETF (NYSE: BHYP) to holding HYPE…