Bitwise cumulative HYPE staking scale reaches $55 million

Odaily Odaily News According to Arkham monitoring, asset management company Bitwise purchased HYPE tokens worth $20 million in a single day. Data shows that last week, Bitwise ETF clients purchased a total of $41.8 million worth of HYPE. Currently, Bitwise's cumulative staked HYPE scale has reached $55 million.

Analysis indicates that if investors had bought and held when the BHYP product was launched two weeks ago, their returns to date would have already surpassed the return level of holding the S&P 500 Index over the past two years.