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via The Block · By The Block Editorial

Bitwise to add HYPE to balance sheet using fees from Hyperliquid ETF

HYPE

HYPE/USDT

$62.197

-9.86%

$62.197

-9.86%

(24s)

24h Volume

$1,484,310,840.02

24h H/L

$69.05 / $61.63

Change: $7.42 (12.04%)

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$62.24

▼ -6.14%

Volume (24h): -

Resistance Levels

Resistance 3$72.1339

Resistance 2$67.8927

Resistance 1$63.7477

Price$62.24

Support 1$60.7412

Support 2$55.725

Support 3$50.7088

Pivot (PP):$63.74

Trend:Uptrend

RSI (14):48.5

The Block Editorial

(04:42 PM UTC)

1 min read

Approved byJames Mitchell

1444 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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