Bitwise's Hyperliquid ETF (BHYP) has quickly accumulated over 1 million HYPE tokens, valued at more than $62 million, just two weeks after launching on NYSE Arca. The fund actively stakes about $55 million of these tokens using Bitwise's proprietary infrastructure, generating yield from Hyperliquid's protocol revenue rather than inflation-based rewards. This direct staking approach reduces counterparty risk and offers investors exposure to a fast-growing on-chain derivatives protocol within a regulated ETF structure. Competitors like 21Shares and Grayscale are also entering the space, but Bitwise's in-house staking gives BHYP a unique edge.
The Bank of England has launched the second phase of its Digital Pound Lab, involving NOBO Finance, Dun & Bradstreet, and Polygon Labs to test how stablecoins and a potential digital pound can improve cross-border trade finance for SMEs. The project ...
Ethereum is trading near $1,887, maintaining support between $1,720 and $1,780. A significant whale wallet recently bought 50,000 ETH worth $93.6 million and staked it, adding to a total $170 million in recent purchases, signaling confidence in ETH's...
Credo Technology (CRDO) is rated a Strong Buy due to rapidly increasing demand for AI data centers and hyperscaler capital expenditures. The company reported a 205% annual revenue growth with operating margins at 33.3%, and net income is projected to...
Michael Saylor's company, Strategy, has introduced a public Bitcoin credit model that offers detailed insights into credit spreads, undercollateralization risks, and Bitcoin floor prices. This model covers Strategy's $53.5 billion reserves and $21.95...
Banco Bilbao Vizcaya Argentaria (BBVA) reported strong Q2 2026 results, driven by a 23% year-over-year rise in net interest income, mainly from Spain and Mexico. Despite high profitability with a 21% return on equity and €3 billion net profit, rising...
