Bitwise's cumulative HYPE staking scale reaches $55 million

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

Analysis points out that if investors had purchased and held the BHYP product when it was launched two weeks ago, their returns to date have already surpassed the returns of holding the S&P 500 index over the past two years.