Bitwise to Direct 10% of Hyperliquid ETF Fees Into HYPE Purchases for Its Balance Sheet

HYPE is up over 5% over the past 24 hours and extending its weekly gains to over 13%. The catalyst for this bullish momentum seems to be Bitwise’s newly launched Hyperliquid ETF and its latest news on the structural design of the ETF that dropped on Monday. Bitwise announced that 10% of the management fee...