Bitwise Commits 10% of Hyperliquid ETF Fees to Buying HYPE Tokens

Crypto ETF issuer Bitwise has committed to holding $HYPE on its balance sheet by deploying 10% of the management fees from its Hyperliquid ETF to token purchases. This follows the launch of its $HYPE ETF last week, which was among the best altcoin ETF launches this year.