Hyperliquid ETF Draws Trading Attention as Remittix Markets Passes $50M in Volume
Bitwise's Hyperliquid ETF (BHYP) tracks HYPE, a token linked to the Hyperliquid on-chain trading platform, which saw $2.9 trillion in 2025 volume. Remittix's Markets platform reported $50 million in trading volume, with RTX token presale ongoing. Both platforms aim to grow user activity and fees.
How this was made

The 30-second read
Why it matters
The volume milestone may act as a catalyst for increased interest in the ETF and the underlying token, potentially boosting BHYP’s price if investors view the growth as sustainable.
Market read
A niche crypto ETF gains attention as its underlying platform hits a modest volume milestone, offering a modest trading opportunity.
What to watch
Regulatory scrutiny of crypto ETFs could dampen investor appetite.
Background
Bitwise launched the Hyperliquid ETF (BHYP) in May 2026 to give exposure to the HYPE token. Remittix reports its Markets platform has now exceeded $50 million in cumulative on‑chain trading volume, a first‑time milestone for the ecosystem.
Ticker impact
Bitwise's Hyperliquid ETF (BHYP) is highlighted as the vehicle exposing the HYPE token after the platform's $50M trading volume milestone.
potential upside as investors add exposure to the newly‑trending token ecosystem
The $50M volume milestone is a fresh data point that could drive fresh inflows into BHYP, but the scale is modest and the token remains niche.
Market effects
Shows growing interest in crypto‑linked ETFs and on‑chain trading platforms.
Primarily U.S. brokerage investors; limited global impact.
Highlights broader trend of institutional products for crypto assets.
Counterpoint
The token’s niche use‑case and limited liquidity may constrain ETF performance despite volume news.
Key entities
- CompanyBitwise
Issuer of the Hyperliquid ETF (BHYP).
- CompanyRemittix
Operator of the Markets platform reporting the $50M volume.



