Bitwise filed an amendment for its Hyperliquid ETF, confirming that the chosen ticker will be $BHYP, the annual management fee will be 0.67%, and it will be listed on NYSE Arca.
The SEC filing indicates that approval and launch could be imminent, with the ETF potentially beginning trading in late December or early January.
The fund will be structured as a trust that calculates its net asset value using the CF Hype Dollar US Settlement Price and will allow the creation and redemption of shares in blocks of 10,000 units.
Bitwise and VanEck aim to provide regulated exposure to Hyperliquid, while other asset managers are accelerating their filings in response to evolving regulatory frameworks in the U.S. and the EU. An example of this is the United Kingdom, which is advancing the rollout of a regulatory framework for the crypto market.
Source: https://x.com/EricBalchunas/status/2000539770271744409
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
