Bitwise has filed an amendment to its Hyperliquid ETF, updating the filing to include Section 8a approval status, setting the fee structure at 67 basis points, and officially assigning the ticker symbol $BHYP. The amendment typically signals that regulatory approval is close and launch preparations are underway. This development is worth monitoring for those tracking institutional crypto product offerings and Hyperliquid ecosystem growth.
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Deconstructionist
· 12-15 15:48
67 basis points? Not too bad, not too outrageous... Just don't know how long the approval process for this 8a section will take. It feels like every time they say "approval is imminent," but it ends up taking a year or two.
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LiquidityNinja
· 12-15 15:47
The 67 basis points fee is a bit painful... but it looks like approval is imminent? It's coming, it's coming.
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MainnetDelayedAgain
· 12-15 15:41
It's "coming soon" again. I especially like this phrase. I suggest that Bitwise also be included in the list of delay artists. How much longer until the last commitment? According to the database, such "amendments" usually require waiting patiently for the bloom...
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MidnightGenesis
· 12-15 15:41
67bp fee rate... As expected, based on past experience, there must be on-chain data supporting this number. We need to look into the contract deployment time.
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Update on the approval status of section 8a. It’s worth noting the specific timestamp when the amendment was submitted. From the code, what does this process usually imply?
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bhyp, this code is interesting. Does the monitoring show movements of the related wallet?
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The late-night deployment pace feels a bit rushed.
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67bp, is this the pricing for institutional products? My observation is that there is still room for further adjustments.
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LuckyHashValue
· 12-15 15:40
A 67bp fee rate is a bit expensive, but if it really comes, it's not unacceptable...
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ImpermanentPhobia
· 12-15 15:25
67 basis points is really aggressive; how many people will this fee discourage...
Bitwise has filed an amendment to its Hyperliquid ETF, updating the filing to include Section 8a approval status, setting the fee structure at 67 basis points, and officially assigning the ticker symbol $BHYP. The amendment typically signals that regulatory approval is close and launch preparations are underway. This development is worth monitoring for those tracking institutional crypto product offerings and Hyperliquid ecosystem growth.