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Bitwise to Use 10% of BHYP ETF Fees to Buy and Stake HYPE

2026-05-20 18:10:23

Abstract generation in progress

Bitwise Asset Management said it will allocate 10% of management fee revenue from its BHYP Hyperliquid ETF to buy and hold HYPE on its balance sheet. Bitwise said the HYPE holdings will be staked, and BHYP was listed on the New York Stock Exchange last Friday. Bitwise said Hyperliquid directs about 99% of its on-chain revenue to HYPE buybacks and burns.

HYPE14.91%

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