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🐋 WHALE WATCH: Bitwise just announced a massive vote of confidence for the Hyperliquid ecosystem.
The firm will divert 10% of all management fees from its newly launched BHYP ETF directly into buying and holding $HYPE on its corporate balance sheet. They also confirmed they will stake these tokens.
This directly aligns the issuer with the protocols native community first burn model. When institutional asset managers start accumulating spot tokens to hold long term alongside retail the structural floor rises.