Bitwise files second amendment to Hyperliquid ETF, adds Wintermute and Flowdesk as trading counterparties
The Block
Bitwise updated its U.S. spot Hyperliquid ETF filing, naming new trading counterparties Wintermute and Flowdesk ahead of a potential launch.Summary
Bitwise has submitted a second amendment to its proposed U.S. spot Hyperliquid ETF, finalizing key operational details. The filing updates its list of approved trading counterparties to include Wintermute and Flowdesk, while removing A1. The fund, which utilizes the BHYP ticker and a 0.67% management fee, aims to hold HYPE assets with Anchorage Digital as custodian. This update follows the recent launch of a similar Bitwise ETP in Europe and positions the firm as a frontrunner in the U.S. race for a spot HYPE product.
(Source：The Block)