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Bitwise has introduced a new exchange-traded product tied to Canton Network’s native token, offering investors regulated exposure to a blockchain platform designed for capital markets. Canton Network Attracts Institutional Investors…
A Hyperliquid trader who opened a short position on HYPE ahead of the token’s recent price surge is now unwinding the bet, having already sold more than $14 million worth…
A Hyperliquid trader known as ‘Evaded’ has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a…
Whale trader Loracle deposited and rapidly sold 616,675 Hyperliquid tokens worth $36.76 million, using the proceeds to defend a short position carrying over $103 million in notional exposure as the…
Two newly launched US-based exchange-traded funds tied to Hyperliquid’s HYPE token are seeing strong early momentum, as trading activity continues to rise since their market debut. According to SoSoValue data,…
Bitwise Chief Investment Officer Matt Hougan described Hyperliquid as one of the most important crypto projects to emerge in recent years. He believes that investors continue to underestimate both the…
Wallets linked by onchain analysts to venture capital firm a16z crypto have accumulated over $90 million worth of HYPE tokens since mid-April, making them the sixth-largest holder and potentially the…
Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token. The ETF will start trading on May 15 under the ticker BHYP on the New…
Bitwise is entering tokenized funds by taking over USCC, a $277.8 million crypto carry fund that will keep its ticker, smart contracts, and token address. The move gives Bitwise its…
Matt Hougan, CIO of Bitwise, has highlighted that the current geopolitical chaos might push bitcoin to be used as a traditional currency instead of digital gold, helping it surpass the…