Bitwise says that its Hyperliquid ETF (BHYP) has currently staked more than 1 million HYPE tokens. Bitwise claims that individual investors, institutions, and platforms have collectively staked about 7.8 million HYPE tokens through their verified nodes, which is worth approximately $580 million based on the current price.

HYPE10.45%
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QuietValidator
· 2h ago
1 million tokens are just the ETF holdings, and the validation nodes are still 6.8 million; this ecosystem stickiness is impressive.
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BearMarketWithAHintOfOrange
· 2h ago
Institutional entry signals? BHYP this data looks like the starting point of the next narrative.
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StargazingWithAMirroredSphere
· 2h ago
Bitwise's node staking amount is indeed impressive, with 7.8 million HYPE staked.
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DaoSideQuest
· 2h ago
580 million dollars locked, Hyperliquid's TVL narrative is about to be revalued again
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