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Bitwise drops Polkadot and Avalanche from flagship crypto ETF, raising questions about Hyperliquid’s staying power

What happened

The fund manager's quarterly rebalance swaps two OG layer-1 tokens for Hyperliquid and Stellar, but looming token unlocks could shuffle the deck again soon. Bitwise just reshuffled its marquee crypto index fund, and two familiar names didn’t make the cut. The asset manager.

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