Bitwise ETF clients purchased more than $5 million worth of HYPE during the previous week. The on-chain activity shows fresh institutional-linked demand continuing to flow into Hyperliquid’s native token, extending Bitwise clients’ exposure to the asset.
BITWISE IS BUYING HYPE
Bitwise, one of the largest HYPE ETF providers, has not sold ANY HYPE since last month. In August, they only bought HYPE.
Bitwise’s ETF clients have bought over $5 Million of HYPE in the past week alone. Will they keep up the buy streak this August? pic.twitter.com/YS3Jw0whYX
— Arkham (@arkham) August 12, 2026
The latest buying follows earlier HYPE accumulation connected to Bitwise ETF clients tracked by Arkham, making continued purchasing behavior the more important signal than a single transaction. The post did not disclose the exact number of tokens acquired or provide a detailed breakdown of the wallets involved.
Arkham’s update leaves the next question open: whether Bitwise ETF clients continue accumulating through August or whether the recent buying streak slows. For now, more than $5 million in weekly purchases keeps institutional demand firmly visible on-chain without establishing how long that pace can persist.
Source: Arkham.
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