Join Nostr
2026-08-13 13:46:15 UTC

RWATimes.io on Nostr: 📰 Bitwise’s HYPE ETF clients add $5M despite token 14% slide 🗓️ Aug 12 2026 ...

📰 Bitwise’s HYPE ETF clients add $5M despite token 14% slide
🗓️ Aug 12 2026 11:35 UTC

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 H...

➤ Bitwise's ETF clients have invested an additional $5 million in the Hyperliquid (HYPE) token despite a recent price dip, indicating continued confidence.
➤ The HYPE token, despite a 14% slide in the last 30 days, has seen significant year-to-date gains of 118%, driven by a mechanism that uses protocol fees for token buybacks.
➤ Bitwise has launched both U.S. and European ETFs for HYPE, highlighting its growing importance as a crypto asset and its integration into traditional financial products.

#bitwise #hypetoken #hyperliquid #etf #arkhamdata #stakingrewards #exchangerevenue #tradingvolume #onchainderivatives

đź”— Read more at: https://rwatimes.io/articles/coinmarketcap-bitwises-hype-etf-clients-add-5-m-despite-token-14-slide-3056096389