Arkham (ARKM) reported that Bitwise, the issuer of the Hyperliquid (HYPE) spot ETF, purchased $20 million worth of HYPE in a single day. Last week, Bitwise's HYPE spot ETF, BHYP, also bought a total of $41.8 million worth of HYPE. Currently, Bitwise is staking $55 million worth of HYPE. Arkham added, "The return on investment when BHYP was launched two weeks ago surpasses the S&P 500 returns over the past two years."
