Bitwise’s HYPE ETF clients add $5M despite token 14% slide

Bitwise’s ETF clients spent $5 million plus on Hyperliquid’s HYPE token last week and have not sold any of it since July. HYPE’s price has dropped by more than 14% over the last 30 days. However, it remains up by 118% YTD. According to Arkham data, Bitwise is one of the biggest HYPE ETF issuers...