Bitwise Set to Launch Hyperliquid (HYPE) ETF

Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token. The ETF will start trading on May 15 under the ticker BHYP on the New York Stock Exchange (NYSE). Capitalizing on Hyperliquid’s Growth and Dominance Bitwise said that BHYP is the first HYPE ETF to use an in-house staking infrastructure, with the firm adding that the fund was designed to give investors …