# Bitwise Launches BHYP Fund, Boosting Hyperliquid's Stake

Page: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/bitwise-launches-bhyp-fund-boosting-hyperliquid-s-stake
Text version: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/bitwise-launches-bhyp-fund-boosting-hyperliquid-s-stake.md
Podcast: [Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376)
Published: 2026-05-15T17:42:48+00:00
Episode link: https://api.fastcast.ai/audio/5045bc0c-14d8-48d0-9163-8a6bfaa23261.mp3
Audio file: https://api.fastcast.ai/audio/5045bc0c-14d8-48d0-9163-8a6bfaa23261.mp3
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Duration seconds: 79

## Resource

Bitwise Asset Management launches BHYP fund, offering US investors direct spot access to Hyperliquids HYPE token and staking rewards. HYPE, currently valued at $44 with an $11.22 billion market cap, is gaining traction for staking, governance, and ecosystem entry. Institutions are increasingly investing in Hyperliquid, positioning it as a leading decentralized derivatives exchange. Coinbase becomes the official treasury deployer for USDC on Hyperliquid, with stablecoin supply reaching $5 billion. Centralized platforms like Coinbase and Kraken are expanding crypto derivative offerings, highlighting Hyperliquids impact on professional trading. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/bc689bbffd26eb01

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