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Bitwise to Hold HYPE From ETF Fees as Hyperliquid Funds Pass $5.6 Million in Inflows

Bitwise to Hold HYPE From ETF Fees as Hyperliquid Funds Pass $5.6 Million in Inflows

Bitwise said 10% of BHYP management fee revenue will be used to hold and stake HYPE on its balance sheet, as the newly listed NYSE fund offers Hyperliquid exposure and staking yield.

HYPE

Fact Check
All three core elements of the claim are strongly supported. First, the 10% BHYP management fee allocation to HYPE treasury holdings is confirmed directly by Bitwise's own official X post (status 2056366819405877749), independently corroborated by The Block, Crypto Briefing, and Bitcoin.com. Second, the $5.6 million combined inflows figure is validated by SoSoValue's ETF dashboard, which recorded $5.63M in cumulative net inflows across HYPE spot ETFs as of May 15, 2026 — the figure cited by Crypto Briefing. The minor nuance is that SoSoValue's latest data shows THYP alone has since grown to $10.53M cumulatively, meaning the $5.6M figure reflects a specific point-in-time snapshot (around May 15) rather than the most current total, but this does not contradict the claim. The claim's headline figure and all supporting details are accurate as of the event date of May 18, 2026.
Summary

Bitwise said 10% of the management fee revenue from its new Hyperliquid ETF, BHYP, will be used to hold and stake HYPE on its balance sheet. The fund listed last Friday on the New York Stock Exchange and is designed to provide Hyperliquid exposure along with staking yield. Earlier reporting also said Hyperliquid-linked investment products, including BHYP, had attracted more than $5.6 million in inflows, signaling early demand for exchange-traded exposure to the ecosystem.

Terms & Concepts
  • ETF: An exchange-traded fund that trades on an exchange and gives investors exposure to an underlying asset or strategy without directly holding the asset.
  • Staking yield: Return generated from staking digital assets, typically tied to participation in a blockchain network’s validation or reward mechanism.
  • HYPE: The native token of the Hyperliquid ecosystem, referenced here in connection with Bitwise’s plan to accumulate and stake it using ETF fee revenue.