Bitwise launches first Lighter ETP amid Hyperliquid rivalry

Crypto Insight Summary: The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms. Crypto Insight Analysis: Direction: Bullish LIT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increased liquidity and institutional exposure for LIT token