TLDR Tech / Crypto
Bitwise Files Updated S-1 for Hyperliquid ETF
Bitwise filed a second S-1 amendment for its $BHYP ETF (0.67% management fee, NYSE Arca), becoming the first of three applicants, alongside 21Shares and Grayscale, to target staking yield as an additional return source for HYPE holders. HYPE is up 65% year-to-date at approximately $41.96, with 182% gains over the prior 12 months, supported by Hyperliquid's $492.7 billion Q1 2026 trading volume and a recent move into the top 10 crypto derivatives platforms. The inclusion of a specific ticker and fee is a reliable indicator of near-term launch.
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