On May 19th, Bitwise announced that 10% of the management fee for its Hyperliquid ETF ($BHYP) will be used to hold HYPE on the company's balance sheet. Bitwise emphasized that Hyperliquid adopts a community-first model, with 99% of blockchain revenue used for buybacks and token burns, "if the protocol succeeds, the community should succeed." Bitwise's decision to hold HYPE is precisely based on this philosophy.

HYPE4.16%
View Original
金色财经_
Bitwise announces that 10% of the management fee for Hyperliquid ETF will be used to support HYPE
Golden Finance reports that on May 19, Bitwise announced that 10% of the management fee for its Hyperliquid ETF ($BHYP) will be used to hold HYPE on the company's balance sheet. Bitwise emphasized that Hyperliquid adopts a community-first model, with 99% of blockchain revenue used for buybacks and burning of HYPE, "if the protocol succeeds, the community should succeed." Bitwise's decision to hold HYPE is precisely based on this philosophy.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned