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Bitwise buys $5.18M more HYPE tokens, boosting its ETF-backed buyback and staking strategy.

Market News
16 Jun 2026
Bitcoin
View Source
Bullish
pluang ai news

Bitwise purchased an additional 77,097 HYPE tokens worth about $5.18 million on June 15, continuing its strategy of accumulating Hyperliquid's native token. This buyback is funded by 10% of the management fees from its BHYP ETF, which has attracted around $107 million in inflows since launching in May. Bitwise also stakes these tokens to pass on a 2.25% annual yield to shareholders, enhancing the fund's appeal. The combined buyback efforts by Bitwise and Hyperliquid's own mechanism are tightening HYPE's supply, raising questions about whether competitors will adopt similar strategies to remain competitive.

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RootsFi integrates Cap's stcUSD on Tempo to enable native yield on payment balances.

RootsFi integrates Cap's stcUSD on Tempo to enable native yield on payment balances.

RootsFi has integrated Cap's stcUSD as a primary yield source on the Tempo payment network, allowing users' balances to earn native yield backed by financial guarantees. This integration combines Tempo's fast Layer 1 payment infrastructure, RootsFi's...

Market News
Bullish
1 hour ago
MLCommons releases MLPerf Training v6.0 with new AI benchmarks reflecting sparse computation trends.

MLCommons releases MLPerf Training v6.0 with new AI benchmarks reflecting sparse computation trends.

MLCommons announced the MLPerf Training v6.0 benchmark results, introducing two new benchmarks—DeepSeek V3 and GPT-OSS 20B—that highlight the industry's shift toward sparse computation using Mixture-of-Experts (MoE) architectures. These benchmarks te...

Others
Neutral
1 hour ago
AppFolio expands AI-powered platform to automate leasing, accounting, and resident services in real estate.

AppFolio expands AI-powered platform to automate leasing, accounting, and resident services in real estate.

AppFolio has enhanced its Performance Platform with new AI-driven features across leasing, accounting, and resident operations, integrating Anthropic’s Claude AI to automate complex workflows. These updates include automated invoice processing, multi...

Market News
Bullish
1 hour ago
Metallium completes successful multi-unit Flash Joule Heating operations, boosting tech scalability confidence.

Metallium completes successful multi-unit Flash Joule Heating operations, boosting tech scalability confidence.

Metallium Limited has successfully operated three Flash Joule Heating units simultaneously at its Texas facility, marking a key milestone in scaling its proprietary technology. The operation achieved 83% availability and nearly 100% utilization, exce...

Market News
Bullish
2 hours ago
Air Comm opens new Dallas-Fort Worth office to boost local communication and security support in North Texas

Air Comm opens new Dallas-Fort Worth office to boost local communication and security support in North Texas

Air Comm, a leading provider of wireless communication and security technology, has opened a new office in Farmers Branch, Texas, expanding its presence in the Dallas-Fort Worth area. This new location enhances Air Comm's ability to offer faster loca...

Market News
Neutral
2 hours ago
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