Hyperliquid ETF from Bitwise has entered a new approval stage
Bitwise continues to promote the launch of a spot ETF related to Hyperliquid, while simultaneously increasing competition in the ecosystem of cryptocurrency exchange products. The company has made further changes to the documents submitted to the SEC. This indicates that work on the fund has moved into a practical stage. The updated application lists the fund's ticker as — BHYP. It is also expected that the management fee will be around 0.67%. If the regulator approves the product, the fund will be traded on the NYSE Arca exchange.
Hyperliquid ETF from Bitwise has entered a new approval stage
Bitwise continues to promote the launch of a spot ETF related to Hyperliquid, while simultaneously increasing competition in the ecosystem of cryptocurrency exchange products. The company has made further changes to the documents submitted to the SEC. This indicates that work on the fund has moved into a practical stage.
The updated application lists the fund's ticker as — BHYP. It is also expected that the management fee will be around 0.67%.
If the regulator approves the product, the fund will be traded on the NYSE Arca exchange.