Bitwise announced that it will allocate 10% of the Bitwise HyperLiquid ETF’s management fees to its holdings. $HYPE This adds a new financial component to one of the first US-listed products associated with the Hyperliquid ecosystem.
Hyperliquid was built differently.
Similarly, 99% of blockchain revenue is used for purchases and writes. $HYPE. It’s a community-first model based on the idea that “if the protocol is successful, the community is successful.”
In that spirit, we are pleased to announce that Bitwise will take a 10% stake… pic.twitter.com/gOnaHkZRni
— Bitwise (@Bitwise) May 18, 2026
The move comes after HyperLiquid ETFs began trading in the U.S. last week, starting with Nasdaq’s 21Shares HyperLiquid ETF and following the New York Stock Exchange’s Bitwise HyperLiquid ETF. two people $HYPE Total inflows into the ETF exceeded $5.6 million, fueling early institutional demand for exposure to the token.
Bitwise launched the Hyper Liquid ETF on May 15th under the ticker BHYP. The sponsorship fee is 0.34%, with the first month’s fee temporarily waived for the fund’s first $500 million in assets.
The launch follows the 21Shares HyperLiquid ETF, which was listed on Nasdaq earlier this week. The 21Shares product had approximately $1.2 million in net inflows and $1.8 million in trading volume on its first day.
Bitwise Hold Decision $HYPE A portion of the management fee ties issuers more directly to Hyperliquid’s token model. HyperLiquid will allocate approximately 99% of protocol fees to buybacks through support funds $HYPE It helped create a return-linked structure and define the investment case for the token.
Hyperliquid has expanded from a permanent futures trading venue to a broader on-chain trading ecosystem. According to Bitwise, the network supports perpetual futures, spot trading, borrowing, lending, and an Ethereum-compatible smart contract environment via HyperEVM.
$HYPE At the time of writing, it was trading around $45.45, with a market cap of about $11 billion, according to CoinGecko data.
