Bitwise Allocates 10% of Hyperliquid ETF Fees to Hold HYPE on May 18

HYPE3.23%

According to Bitwise, on May 18, the firm announced it will allocate 10% of its Hyperliquid ETF ($BHYP) management fees to hold HYPE on its balance sheet. Bitwise emphasized that Hyperliquid operates on a community-first model, with 99% of the protocol’s revenue dedicated to HYPE buybacks and burns, aligning with its strategy to support the ecosystem.

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