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

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.