Bitwise Nears Hyperliquid ETF Launch With Second SEC Filing
Bitwise Asset Management filed an updated proposal for a spot Hyperliquid (HYPE) ETF with the SEC, adding new trading partners and operational details. The fund, set to trade under ticker BHYP, will stake HYPE holdings with a 15% fee split between Bitwise and staking agents. Bitwise's ETF is furthest along in the SEC review process among competitors 21Shares and Grayscale. HYPE has surged 200% in the past year, with Hyperliquid's platform reporting $492.7 billion in Q1 2026 trading volume.


