In under two months, HYPE ETFs have pulled in $330M, absorbing 2.2% of HYPE's market cap. Bitcoin's ETFs took years to reach that share.
At @HyperliquidX Summit NYC on July 16, Bitwise CIO @Matt_Hougan answers the questions: who's buying the HYPE? And what's driving that demand?
Q2 was a tough quarter for crypto assets, but it was a great quarter for crypto adoption:
- Crypto equities held up, with the Bitwise Crypto Innovators 30 Index rising 30.6%
- Crypto apps are in their revenue era: Hyperliquid and Aave each generated ~$900M in revenue over the
.@RasterlyRock of @Bitwise explains why $HYPE has done so well and how other crypto projects are pivoting to focus on growth and revenue for long-term gains.
Just in: $HYPE is now officially part of the world’s largest crypto index fund: $BITW - The Bitwise 10 Crypto Index ETF.
Hyperliquid’s rise has been meteoric. In the first half of 2026 alone:
- $1.34T in trading volume
- $320M in revenue
- HYPE up 165% YTD, currently
The Bitwise 10 Crypto Index ETF (BITW or the “Fund”) is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and therefore is not subject to the same protections as mutual funds or ETFs registered under the 1940 Act. BITW is not suitable
New upgrades are officially rolling out for the Ledger Wallet™ app.
The ease of an exchange. The security of a Ledger touchscreen signer. Free from compromise.
→ Clarity: your whole portfolio, history, Profit & Loss all in one view
→ Choice: swap, earn, trade Perps and
Why crypto equities? Bitwise Head of Research, Ryan Rasmussen, breaks down the case for $BITQ, the Bitwise Crypto Industry Innovators ETF.
BITQ tracks the Bitwise Crypto Innovators 30 Index.
While Bitcoin is down 30% year to date, the @Bitwise Crypto Innovators Index of 30 publicly traded crypto companies is up 30%.
Ryan's case for crypto equities right now:
You can own Circle for stablecoin exposure, Figure for tokenization, miners for both Bitcoin and the AI
Carefully consider the fund’s investment objectives, risk factors, charges, and expenses before investing at bitqetf.com. This and additional information can be found in the Fund’s full or summary prospectus, which may be obtained by visiting bitqetf.com/materials.
(1/3) Once you're onchain with stablecoins, why go back off-chain to generate yield? — Jonathan Man (@0x_JMan), CFA, Head of Multi-Strategy Solutions & DeFi Strategies at @Bitwise Asset Management.
Digital Asset Yield Summit is a curated forum for capital allocators to discover
Proud to represent @Bitwise as a sponsor at the Grand Opening of the Museum of American Finance alongside legendary financial advisor @ricedelman
The future of finance is here, it is just not evenly distributed yet.
Also, what happened in 1971?
Huge Q2 for Solana.
- Cumulative volume for tokenized stocks crossed $10B for the first time
- $150 million in net flows into Solana ETPs, with the Bitwise Solana Staking ETF $BSOL capturing 65%
Bull or bear, capital markets keep moving onchain. And Solana keeps building.
This material must be accompanied by a prospectus. Please read the prospectus carefully before investing. To obtain a current prospectus visit bsoletf.com/welcome. BSOL is not suitable for all investors. An investment in BSOL is subject to a high degree of risk, has the
The most likely result of OUSD announcement:
The category, and leaders therein, all benefit with larger pie further grown through more differentiated options and more firms putting their weight behind driving adoption.
We’ve had lots of questions from our investor community looking for thoughts on OUSD, and so I thought I’d share my direct views here for anyone.
Stablecoin networks are platform and network effect businesses that are established over a long period of time, tend towards