Bitwise Launches HYPE-linked Fund as Hyperliquid Interest Grows
Cointelegraph
Bitwise has introduced a US-listed fund providing spot exposure to Hyperliquid's HYPE token with integrated staking rewards for investors.Summary
Bitwise Asset Management has launched a new US-listed investment vehicle, trading under the ticker BHYP, which provides investors with spot exposure to Hyperliquid's HYPE token. The fund distinguishes itself by offering staking rewards through Bitwise's internal division. Hyperliquid, a decentralized layer 1 blockchain, has seen significant growth, processing $2.9 trillion in trading volume in 2025 and currently ranking as a top-10 cryptocurrency. The launch follows increasing institutional interest in the platform, with competitors like 21Shares also releasing similar products and major firms like Andreessen Horowitz accumulating substantial HYPE holdings.
(Source：Cointelegraph)