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Bitwise Says 10% of BHYP ETF Management Fee Will Fund HYPE Treasury Holdings

According to Bitwise, 10% of the Bitwise Hyperliquid ETF management fee will be used to hold HYPE (Hyperliquid native token) on the firm’s balance sheet.

HYPE

Summary

Bitwise announced that it plans to allocate 10% of the management fee from the Bitwise Hyperliquid ETF, trading under the ticker BHYP, to holding HYPE (Hyperliquid native token) on Bitwise’s balance sheet. The statement describes a fee-funded treasury approach tied to an ETF focused on Hyperliquid. Based on the announcement, the allocation applies to management fee revenue rather than fund assets directly.

Terms & Concepts
  • Management fee: An ongoing charge paid to an asset manager for operating an investment fund or ETF.
  • ETF: An exchange-traded fund is an investment vehicle that trades on an exchange and is designed to track a basket, index, or specific asset theme.
  • Balance sheet: A company’s financial statement showing assets, liabilities, and equity; treasury holdings recorded there are owned by the firm itself.