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Bitwise updates Hyperliquid ETF filing to include BHYP ticker and fee

Crypto Briefing
Bitwise updated its Hyperliquid ETF filing to include the BHYP ticker and a 0.67% management fee, suggesting an imminent launch.

Summary

Bitwise has updated its S-1 filing for its planned Hyperliquid ETF, revealing that the fund will trade on NYSE Arca under the ticker symbol BHYP and carry an annual management fee of 0.67%. The inclusion of the Form 8-A provision in the updated filing suggests that the ETF's launch is now imminent, according to Bloomberg ETF analyst Eric Balchunas. Bitwise was among the first to seek SEC approval for an ETH tracking ETF based on Hyperliquid's HYPE coin, as fund managers continue to expand the range of crypto investment options available to investors.

(Source:Crypto Briefing)