Bitwise's cumulative pledge of HYPE reaches US$55 million

According to Arkham monitoring, asset management company Bitwise bought US$20 million worth of HYPE tokens in a single day. Data shows that Bitwise ETF customers bought a total of US$41.8 million in HYPE last week. Currently, the cumulative amount of HYPE pledged by Bitwise has reached US$55 million. The analysis pointed out that if investors had bought and held BHYP products when they were launched two weeks ago, the earnings performance so far would have exceeded the return level of holding the S & P 500 index in the past two years.