According to The Block, Bitwise announced on May 19 that 10% of the management fee for the Hyperliquid ETF (BHYP) will be used to accumulate HYPE tokens on the balance sheet. This move is similar to Hyperliquid's approach, which uses approximately 99% of public chain revenue for token buyback and burn programs.

HYPE3.48%
View Original
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