Bitwise: Hyperliquid ETF assets under management surpass $100 million

According to a report by Jinse Finance, on June 2, crypto asset management firm Bitwise disclosed on the X platform that its Bitwise Hyperliquid ETF (BHYP) has surpassed $100 million in assets under management (AUM) just 11 trading days after listing, currently reaching $105 million, with total net inflows of $81.8 million and an average daily trading volume of $35.1 million. Bitwise added that BHYP is currently the only spot Hyperliquid ETP product that publicly discloses the fund wallet address. Furthermore, 10% of the fund's annual management fee revenue will be held on its balance sheet in the form of HYPE tokens, with a minimum holding period of 12 months, and internal staking services are also supported.