Bitwise Buys 77,097 HYPE Worth $5.18 Million on June 15 as ETF Buyback Strategy Accelerates

HYPE8.09%
According to Lookonchain, Bitwise purchased 77,097 HYPE worth approximately $5.18 million via FalconX on June 15. The asset manager directs 10% of its BHYP ETF management fees toward buying and staking HYPE tokens on its corporate balance sheet. The fund has attracted cumulative inflows of roughly $107 million since launching on the New York Stock Exchange in May.
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