Bitwise Is Launching Its Hyperliquid ETF Soon
Bitwise is preparing to launch a new US ETF called BHYP that provides exposure to the decentralized trading network Hyperliquid and earns staking rewards. The filing with the SEC reveals a 67 basis point fee and indicates the product is close to approval and launch. This move expands Bitwise's growing suite of regulated crypto investment products and follows their recent international listing on Deutsche Börse Xetra.
Bitwise is signaling the imminent launch of a US exchange-traded fund (ETF) tied to the decentralized trading network Hyperliquid. In an amended registration statement filed with the SEC, the digital asset index fund manager disclosed critical operational details for the proposed product. BHYP Ticker For Bitwise’s Hyperliquid ETF Bitwise’s filing says the trust’s primary objective is to provide exposure to the value of Hyperliquid held by the vehicle. The fund’s secondary objective is to earn staking rewards. “In connection with its investment objective of seeking to derive additional Hyperliquid through staking, the Trust will stake some or all of the Hyperliquid held in the Trust Hyperliquid Accounts,” the filing stated. Meanwhile, the new filing introduces the ticker symbol BHYP and establishes a sponsor fee of 67 basis points. Industry experts noted that these inclusions represent one of the final procedural hurdles before a fund goes live on national exchanges. Bitwise w another update to Hyperliquid ETF includes ticker $BHYP and fee 67bps. Typically that means launch soon. HYPE is up 200% in past yr so they prob trying to strike while iron hot pic.twitter.com/xt5gc9BpSI— Eric Balchunas (@EricBalchunas) April 10, 2026 If approved by securities regulators, the Hyperliquid fund will integrate into a rapidly expanding suite of Bitwise investment vehicles. Over the past year, the asset manager has aggressively expanded its product lineup beyond legacy assets such as Bitcoin and Ethereum. The firm has been providing regulated exposure for alternative layer-one networks and protocols, including Solana, Chainlink, and XRP. Meanwhile, the push for a US spot product follows closely on the heels of Bitwise’s international expansion. On April 9, the firm listed the Bitwise Hyperliquid Staking physically backed product on the Deutsche Börse Xetra. That instrument tracks the Kaiko HYPE Reference Rate LDNLF index. The fund automatically captures on-chain staking yields, s...
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