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


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

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HYPE rose over 5% in 24 hours and more than 13% for the week, driven by momentum around Bitwise’s newly launched Hyperliquid ETF. Bitwise disclosed on Monday that 10% of the management fee is part of the ETF's structural design, a detail that could support token demand, ETF-linked capital flows and broader crypto adoption.

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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...
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In This News

Coins

$ 68.08

+0.38%

Funds

Predictions Markets

See what traders are focused on

View analytics →
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