Bitwise to Accumulate HYPE Tokens With 10% of BHYP ETF Management Fees

HYPE5.73%

According to The Block, Bitwise announced on May 19 that it will allocate 10% of the Hyperliquid ETF (BHYP) management fees to accumulate HYPE tokens on its balance sheet. The move mirrors Hyperliquid’s practice of using approximately 99% of blockchain revenue for token buyback and burn programs.

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