Bitwise Updates Hyperliquid ETF Filing with BHYP Ticker and 0.67% Fee

Source: CryptoBriefing Original Title: Bitwise updates Hyperliquid ETF filing to include BHYP ticker and fee Original Link: https://cryptobriefing.com/bitwise-hyperliquid-etf-bhyp/

Overview

Bitwise has revealed plans to list its Hyperliquid ETF on NYSE Arca under the ticker symbol BHYP with an annual management fee of 0.67%, according to the asset manager’s updated S-1 filing.

Launch Timeline

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. The recent amendment added the critical 8-A provision, the fee structure, and the ticker symbol.

Market Context

Bitwise led the push for SEC approval of an ETF tracking Hyperliquid’s HYPE coin, followed later by 21shares. This development comes as fund managers increasingly offer investors diversified crypto investment options, with many launches in recent months providing exposure to assets like Solana, XRP, Dogecoin, Litecoin, and HBAR.

Key Details

• Ticker: BHYP
• Annual Management Fee: 0.67%
• Listing Venue: NYSE Arca
• Status: Launch imminent pending final approvals