Is Bitwise About to Make Your Investment Dreams Come True with $BHYP?

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It is with considerable anticipation that we report the esteemed firm of Bitwise is preparing to unveil a United States exchange-traded fund (ETF) that shall be intimately connected to the not-so-humbly named decentralized trading network, Hyperliquid.

In an amended registration statement, which they have graciously submitted to the Securities and Exchange Commission, Bitwise has revealed some rather significant operational details concerning this illustrious proposed product. One must admit, it is a rather splendid document.

Introducing BHYP: The Ticker of Dreams for Bitwise’s Hyperliquid ETF

As stated in their filing, the trust’s primary aim appears to be to furnish its investors with a delightful exposure to the value of Hyperliquid itself. As if that were not sufficient, they have even established a secondary objective of earning staking rewards. How very enterprising!

“In connection with its investment objective of seeking to derive additional Hyperliquid through staking, the Trust will stake some or all of the Hyperliquid held in the Trust Hyperliquid Accounts,” proclaimed the filing, as if it were a grand proclamation from a royal court.

Moreover, it has been brought to our attention that this new filing introduces the rather charming ticker symbol BHYP, alongside a sponsor fee of 67 basis points-how quaint! Industry experts, those ever-watchful sentinels of finance, suggest that such inclusions indicate we are nearing the final procedural hurdles before this fund may grace our national exchanges with its presence.

“Bitwise w another update to Hyperliquid ETF includes ticker $BHYP and fee 67bps. Typically that means launch soon. HYPE is up 200% in past yr so they prob trying to strike while iron hot.” – Eric Balchunas (@EricBalchunas) April 10, 2026

If fate smiles upon them, and the securities regulators bestow their blessing, the Hyperliquid fund shall become part of Bitwise’s rapidly expanding suite of investment vehicles, which must surely have investors buzzing like bees in a blooming garden.

In the past year, this intrepid asset manager has resolutely expanded its offerings beyond the traditional realms of Bitcoin and Ethereum, venturing into alternative layer-one networks and protocols that include the likes of Solana, Chainlink, and XRP. Such ambition is most commendable!

Furthermore, the pursuit of a U.S. spot product follows closely on the heels of Bitwise’s remarkable international expansion. Just the other day-April 9 to be precise-the firm listed the Bitwise Hyperliquid Staking physically backed product on the esteemed Deutsche Börse Xetra, tracking the Kaiko HYPE Reference Rate LDNLF index. One can only hope the tea was sufficiently strong to keep everyone alert during such a monumental event.

This fund admirably captures on-chain staking yields, liberating institutional allocators from the tiresome burden of managing private keys and self-custody infrastructure. A true service to humanity, one might say!

The Dazzling Performance of HYPE Amidst a Crypto Bear Market

Since the dawn of this year, Hyperliquid’s HYPE has emerged, quite surprisingly, as one of the finest-performing digital assets. It has ascended a remarkable 66% since the beginning of 2026, showcasing an undeniable strength amidst a broader digital asset market that has found itself rather floundering early on.

A significant catalyst for this recent success story appears to be Hyperliquid’s unique utility during moments of acute macroeconomic stress. With military hostilities escalating in the Middle East involving the US, Israel, and Iran, traditional financial markets seemed to take a rather unscheduled holiday for the weekend.

During this liquidity gap, both institutional and retail participants flocked to Hyperliquid’s blockchain-based infrastructure as if it were the last train to paradise. This decentralized platform became a primary venue for traders eager to hedge against geopolitical risks, utilizing synthetic perpetual futures contracts to gain exposure to global benchmarks such as Brent crude and gold-how very resourceful, indeed!

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2026-04-11 14:02