Bitwise Hyperliquid ETF to start trading on NYSE this Friday
The Block
The Bitwise Hyperliquid ETF (BHYP) begins trading on the NYSE this Friday, becoming the first U.S. fund to offer Hyperliquid staking rewards.Summary
The Bitwise Hyperliquid ETF, trading under the ticker BHYP, will launch on the New York Stock Exchange this Friday. Notably, it is the first U.S. fund to incorporate Hyperliquid staking rewards via Bitwise Onchain Solutions. This launch follows the recent debut of a similar product from 21Shares. Hyperliquid serves as a leading decentralized perpetual exchange, and its native token, HYPE, is currently among the top-ranking cryptocurrencies by market capitalization. The BHYP fund carries a 0.34% sponsor fee, though it will be waived for the first month on initial assets.
(Source：The Block)