via The Block · By The Block Editorial
HYPE/USDT
$304,126,847.01
$58.94 / $57.26
Change: $1.68 (2.93%)
-0.0045%
Shorts pay
Bitwise Asset Management said Monday that it plans to use a portion of the management fees generated from its recently launched BHYP Hyperliquid ETF to accumulate the blockchain's native HYPE token on its balance sheet.
"Bitwise will be devoting 10% of the Bitwise Hyperliquid ETF (BHYP) management fee to holding HYPE on the Bitwise balance sheet," the company said in a post on X.
The firm touted…
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