Key Takeaways
- Bitwise disclosed the BHYP ticker and a 0.67% fee for its Hyperliquid ETF in a recent filing.
- The updated filing includes an 8a provision, suggesting the ETF launch may be imminent.
Bitwise plans to list its Hyperliquid ETF on NYSE Arca under the ticker symbol BHYP and charge an annual management fee of 0.67%, the asset manager revealed in its updated S-1 filing.
According to Bloomberg ETF analyst Eric Balchunas, the proposed Hyperliquid ETF now meets all key launch requirements, including Form 8-A registration, signaling that a launch is imminent.
Bitwise led the push for SEC approval of an ETH tracking Hyperliquid’s HYPE coin, followed later by 21shares.
The development comes as fund managers increasingly offer investors diversified crypto investment options, with many launches in the past two months providing exposure to assets like Solana, XRP, Dogecoin, Litecoin, and HBAR.
Source: https://cryptobriefing.com/bitwise-hyperliquid-etf-bhyp/
