Bitwise HYPE ETF surpasses $30.5M AUM in 5 days

Bitwise announced via X that its spot Hyperliquid (HYPE) ETF, ticker BHYP, has reached $30.5 million in assets under management (AUM) within five days of its trading debut. The fund has recorded cumulative net inflows of $26.9 million and an average daily trading volume of $9.2 million. Bitwise will convert 10% of the fund's management fees into HYPE to hold as a corporate asset.