Bitwise announces that 10% of the management fee for Hyperliquid ETF will be used to support HYPE
Golden Finance reports that on May 19, Bitwise announced that 10% of the management fee for its Hyperliquid ETF ($BHYP) will be used to hold HYPE on the company's balance sheet. Bitwise emphasized that Hyperliquid adopts a community-first model, with 99% of blockchain revenue used for buybacks and burning of HYPE, "if the protocol succeeds, the community should succeed." Bitwise's decision to hold HYPE is precisely based on this philosophy.





