Bitwise to Begin Accumulating HYPE Using a Portion of BHYP ETF Fees

Bitwise will begin building a position in HYPE by directing 10% of the management fees from its $BHYP ETF into purchases of $HYPE to be held on the firm's corporate balance sheet. The firm said the policy is designed to mirror the @HyperliquidX protocol's approach, where 99% of generated revenue is currently used for $HYPE buy-and-burn. The decision makes @Bitwise a direct participant in the network's value accrual, shifting from passive custody to ongoing token accumulation.