Bitwise has filed an amendment for the Hyperliquid ETF, advancing the institutional adoption narrative. The updated filing reveals a Form 8-A registration, a competitive 0.67% management fee structure, and the official ticker symbol $BHYP. This regulatory milestone signals serious institutional interest in Hyperliquid derivatives products entering traditional investment channels. With the formal filing in place, market participants are eyeing potential approval timelines and what this means for the broader exchange-traded crypto derivatives landscape. The $100 valuation target reflects the market's bullish sentiment around this development.