The Bitwise Crypto Carry Fund (USCC), a limited private investment, uses a market-neutral strategy based on the crypto cash-and-carry trade. It seeks to generate yield from the gap between the spot and futures prices for $BTC, $ETH, $XRP, and $SOL. Interested? Send us a message here or visit

Hyperliquid was built different. As in, 99% of the blockchain’s revenue is used to buy and burn HYPE. It's a community-first model based on this idea: If the protocol succeeds, the community succeeds. In that spirit, we’re pleased to announce that Bitwise will be devoting 10% of the Bitwise Hyperliquid ETF ($BHYP) management fee to holding HYPE on the Bitwise balance sheet.* The Hyperliquid community has known from Day One that, if Hyperliquid becomes one of the most powerful and disruptive forces in finance, those who hold HYPE should play a big part in that. We’re holding HYPE.

$BHYP - Now trading on NYSE. Hyperliquid’s rise over the past few years is the stuff of legend. - $4.4 trillion in cumulative volume for perps (DeFiLlama as of 5/14/26) - Ability to process 200K orders/second - HYPE is the 10th largest crypto asset less than two years after being launched, with a market cap of $11 billion (CoinMarketCap as of 5/14/26) - Supports more than 130 perpetual futures markets, including for equities, commodities, and FX (Artemis as of 5/14/26) - Protocol built to return 99% of perp revenues via HYPE buybacks/token burns BHYP gives investors exposure to one of the most disruptive and fastest-growing projects in crypto. We see big things ahead for Hyperliquid. Onward–

Introducing the Bitwise Hyperliquid ETF $BHYP—offering 100% direct exposure to spot HYPE. And the first to use in-house staking, rather than a third-party staking provider. Starts trading tomorrow. Why Hyperliquid? We believe Hyperliquid is one of the most important onchain trading platforms in the world. When geopolitical conflict broke out in the Middle East on a Sunday morning and traditional markets were closed, institutions didn't wait until Monday. They turned to Hyperliquid. It's easy to see why. Hyperliquid commands approximately 60% of all onchain perpetual DEX open interest globally (DeFi Llama as of May 13, 2026), processes 200,000 orders per second (Chainspect as of May 13, 2026), and has built a track record of reliability when it matters most. It has achieved remarkable adoption in a short time, entirely without venture capital—and we believe it's poised to be one of the biggest winners as capital markets move onchain. We're thrilled to give investors a convenient, low-cost* way to participate in that opportunity, with staking rewards built in.** Onward.

Bitwise is continuing to dive deeper into DeFi with our first curator role on @Solana. We’re proud to partner with @ethena, @jupiterexchange, and @0xFluid to launch this new market centered around USDe. Capital markets are moving onchain, and we’re excited to help lead the way.

BREAKING NEWS In partnership with @superstateinc, we’re excited to announce the Bitwise Crypto Carry Fund (USCC), our inaugural tokenized fund, and a major step forward in how we serve institutional investors onchain. The fund will transition from Superstate’s management to Bitwise on June 1, 2026, with Superstate continuing to power the onchain rails. The quick summary: What is USCC? USCC is a tokenized fund with more than $267M AUM (as of April 30, 2026) that seeks to earn yield via the crypto cash-and-carry trade, a strategy to generate yield from the gap between the spot and futures prices for $BTC, $ETH, $XRP, and $SOL. Why does this matter? Investors have become more interested in tokenized funds because they have the potential to leverage the unique characteristics of blockchains: 24/7 trading, utility in DeFi, transparency, and efficiency. I’m an investor. Does anything change for me? No—there won’t be any impact or disruption to existing investors during the transition period. After the transition, the fund’s name will change from the Superstate Crypto Carry Fund to the Bitwise Crypto Carry Fund, but it will keep the same USCC ticker, smart contracts, and token address. Superstate will continue to operate the onchain infrastructure via their FundOS platform, including tokenized issuance and digital transfer agency services. I want more information. What can I do? Send us a message here!

The shape of the future is 🔺 Introducing the Bitwise Avalanche ETF, $BAVA, the only $AVAX ETP with in-house staking to maximize AVAX’s current ~5.4% staking rewards. Why Avalanche? - It’s the leading customizable blockchain for enterprises, with over 100 custom L1s launched in 2025, including @Visa, @Citi, @FIFAcom, and @SkyBridge - It can process up to 4500 transactions per second, with near-instant transaction finality - $4.1B+ market cap (as of 4/13/26) - Offers industry-leading tools for builders to develop scalable, interoperable L1s Why in-house staking? - By managing staking internally, we aim to give investors the highest levels of transparency, security, and professional management Excited to give investors exposure to one of the top blockchains for crypto’s growing real-world use cases.