Bitwise launches first Lighter ETP amid Hyperliquid rivalry

The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms.
The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms.
Prices at the time of writing, on 23 September: Hyperliquid (HYPE) at $92.93, which slipped 3.0% over the previous day and climbed 19.1% across the week. The wider market slipped 2.7% over the same span, with total capitalisation at $2.93T.
Our own momentum signal on Hyperliquid reads 70 out of 100 — bullish — weighting the 24-hour move twice the seven-day one. Fifty is flat; the venue or filing has no say in that score.