Bitwise Stakes $114 Million in HYPE on Hyperliquid as Its Spot ETF Doubles Down
Covered by 2 sources · 2 articles
2 outlets - including Nftplazas and Bitcoin - are covering this story. Bitwise Asset Management has made one of its largest single onchain moves to date, depositing and staking 1.775 million HYPE tokens — worth approximately $114 million at current market prices The post Bitwise Stakes $114 Million in HYPE on…
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Bitwise Stakes $114 Million in HYPE on Hyperliquid as Its Spot ETF Doubles Down
Bitwise Asset Management has made one of its largest single onchain moves to date, depositing and staking 1.775 million HYPE tokens — worth approximately $114 million at current market prices The post Bitwise Stakes $114 Million in HYPE on…
Bitwise Stakes $114 Million in HYPE on Hyperliquid as Its Spot ETF Doubles Down
Asset manager Bitwise deposited 1.775 million HYPE worth about $114 million into Hyperliquid and subsequently staked the same tokens. The move expands a position the firm has been building since launching a spot Hyperliquid fund in May. A $…