Hyperliquid ETF saw net inflows of $25.5 million on Wednesday

According to data from SoSoValue and Dune Analytics, the newly launched Hyperliquid ETF recorded net purchases of $25.5 million on Wednesday, surpassing the total net purchases of $22.35 million over the previous five days.

Additionally, Bitwise disclosed its Hyperliquid ETF wallet address on Wednesday and announced that 10% of the ETF management fees will be used to hold HYPE on its balance sheet. (decrypt)