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Bitwise Buys Another 77,097 HYPE Worth $5.18 Million as ETF Buyback Strategy Ramps Up

Asset manager Bitwise scooped up another 77,097 HYPE worth about $5.18 million through prime broker FalconX, adding to a steady accumulation of Hyperliquid’s native token. Bitwise Keeps Stacking HYPE Bitwise…

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Financial Advisors Managing $175 Trillion Are Eyeing These Crypto Sectors Instead of Bitcoin

Despite the current market downturn, Matt Hougan, chief investment officer at Bitwise, said recent conversations with more than 40 financial advisors showed that interest in crypto remains strong. But their…

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Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan

Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his…

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Grayscale’s Hyperliquid Staking ETF Debuts With Lowest US Fee at 0.29%

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing…

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Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows

Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token…

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Spot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime

Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in…

Continue ReadingSpot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime