Bitwise Buys Another 77,097 HYPE Worth $5.18 Million as ETF Buyback Strategy Ramps Up
Key Takeaways Bitwise bought 77,097 HYPE worth about $5.18 million via FalconX on June 15, per Lookonchain. The firm directs 10% of BHYP ETF fees to buying and staking HYPE, with inflows near $107 million. The strategy layers onto Hyperliquid’s own buybacks, which absorb about 97% of exchange trading fees. Bitwise Keeps Stacking HYPE Bitwise…
