Data: Bitwise's total staked HYPE amount reaches $55 million

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Odaily Planet Daily News reports that, according to Arkham monitoring, asset management firm Bitwise purchased HYPE tokens worth $20 million in a single day. Data shows that last week, Bitwise ETF clients bought a total of $41.8 million worth of HYPE, and currently the total HYPE staked by Bitwise has reached $55 million.

The analysis points out that if investors bought and held the BHYP product when it launched two weeks ago, their return performance to date has already exceeded the S&P 500 index’s returns over the past two years.

HYPE7.16%
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