Bitwise Buys 112,158 More Hyperliquid Tokens in $8.18 Million Purchase
Suehyeon Lee
Summary
- Asset manager Bitwise has bought additional Hyperliquid (HYPE) tokens.
- Bitwise purchased 112,158 HYPE through over-the-counter trading firm FalconX, with the transaction valued at about $8.18 million.
- Bitwise is expanding its lineup of HYPE-related investment products with the launch of BHYP, a spot Hyperliquid exchange-traded fund in the US.
Forecast Trend Report by Period
Asset manager Bitwise has bought more Hyperliquid tokens.
On-chain analytics account Onchain Lens said June 1 that Bitwise purchased 112,158 HYPE through over-the-counter trading firm FalconX. The purchase was valued at about $8.18 million.
Bitwise recently launched BHYP, a spot Hyperliquid exchange-traded fund in the US, expanding its lineup of HYPE-related investment products.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
