Bitwise’s HYPE ETF clients add $5M despite token 14% slide

Bitwise’s ETF clients spent $5 million plus on Hyperliquid’s HYPE token last week and have not sold any of it since July. According to Arkham data, Bitwise is one of the biggest HYPE ETF issuers and hasn’t sold a single token since the end of July. A May launch on the NYSEThe fund behind the U.S. purchase is the Bitwise Hyperliquid ETF, which trades under BHYP on the New York Stock Exchange. Europe got its version firstBitwise launched a HYPE product in Europe. On April 9, 2026, it listed the Bitwise Hyperliquid Staking ETP (BHYP) on Deutsche Börse Xetra.