Bitwise Asset Management has entered the fast-growing market for Hyperliquid-linked investment products with the launch of the Bitwise Asset Management Hyperliquid ETF (NYSE:BHYP). The fund, which begins trading on Friday, is among the first spot Hyperliquid exchange-traded products in the U.S. and the first to incorporate in-house staking through Bitwise Onchain Solutions. The launch comes as issuers race to capitalize on investor demand for exposure to decentralized finance infrastructure beyond Bitcoin and Ethereum.
Key features of the Bitwise Hyperliquid ETF (BHYP):
- Spot exposure to Hyperliquid’s HYPE token
- First U.S. Hyperliquid ETF with in-house staking integration
- Sponsor fee of 0.34%
- Fee waived to 0% for the first month on the fund’s first $500 million in assets
- Managed staking through Bitwise Onchain Solutions
Hyperliquid, a Layer …