The update says BHYP now leads global HYPE exchange-traded funds, with $19.8 million in average daily volume, $56.9 million in total inflows, and an in-house staking (locking crypto to earn rewards) structure.
Bitwise said BHYP is now the world’s largest HYPE ETF, reporting $62.9 million in assets under management, $19.8 million in average daily trading volume, and $56.9 million in total inflows. The firm also said the product is the only spot ETF that handles staking (locking crypto to earn rewards) in-house and publishes wallet addresses, a transparency measure that allows market participants to verify on-chain holdings. According to the update, Bitwise also keeps 10% of the management fee in $HYPE on its own balance sheet, aligning part of the issuer’s economics with the underlying crypto asset.