Bitwise ETF Surgery Exposes Narrative Decay: On-Chain Data Suggests Hyperliquid’s Staying Power Is the Real Test
On-chain data from Bitwise’s latest ETF rebalancing reveals a structural shif...
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Block reward halving event
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Team and early investor shares released
92 million ARB released
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