Asset management company Bitwise announced on May 18, 2026 the launch of corporate treasury based on Hyperliquid’s native token, HYPE cryptocurrency.
The plan includes: Allocate 10% of Bitwise Hyperliquid ETF management fees (BHYP) to acquire and keep Hyper Liquid (HYPE) on the company’s balance sheet, the company said. In this way, Bitwise uses a portion of its finances to match the success of the protocol.
Hyperliquid is a decentralized financial network specializing in trading perpetual futures contracts. Its HYPE token operates on a deflationary model. 99% of the protocol’s revenue is used to buy and write tokens.
This announcement had an immediate impact on the market. HYPE’s price rose 3% in the past 24 hours and 6% in the past week, rising from $42 to $45, solidifying its position as the 10th largest cryptocurrency with a market capitalization of $11.5 billion.
Bitwise launched the Bitwise HyperLiquid ETF (BHYP) on the New York Stock Exchange (NYSE) on May 15th. product Traditional investors can gain exposure to hyper-liquidity in a regulated way. Plus, directly stake. According to a report from CriptoNoticias, to achieve this, the manager is leveraging its in-house division Bitwise Onchain Solutions.
The move comes just days after the debut of competitor 21Shares HyperLiquid ETF (THYP), which launched on May 12 and also offers staking returns.
Bitwise’s strategy combines two strong trends in the sector: the adoption of regulated products such as ETFs and direct integration with high-performance decentralized protocols. By having HYPE on its balance sheet, the company is not only investing in tokens; but actively participates in its economic mechanism.
Bitwise already offers other exchange-traded funds that track crypto assets. Among them are Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), and Chainlink (LINK) ETFs.
(Tag translation) Altcoin
