Bitwise to add HYPE to balance sheet using fees from Hyperliquid ETF
Hex37's read
- Bitwise plans to add HYPE tokens to its balance sheet using Hyperliquid ETF fees.
- Hyperliquid is currently outperforming Ethereum and Solana in weekly fee generation.
- The growth is primarily driven by high activity in perpetual futures trading.
What it means for traders
- Hyperliquid's dominance in fee generation suggests strong demand for its decentralized perpetuals.
- Monitor HYPE price action as institutional adoption via Bitwise could signal long-term bullish sentiment.
Affected markets
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