Bitwise Moves Closer to Launching Spot Hyperliquid ETF

Bitwise Moves Closer to Launching Spot Hyperliquid ETF

user avatar

by Rajesh Kumar

5 months ago

Made with AI

Bitwise is making strides towards the launch of its highly anticipated spot Hyperliquid ETF, with a recent filing that could pave the way for its approval. The company submitted a second amendment to the United States Securities and Exchange Commission (SEC) on April 10, 2026, adding new trading counterparties to its proposal. The source reports that this move is seen as a significant step in the ongoing efforts to secure regulatory approval.

Notable Names in the Latest Amendment

The latest amendment includes notable names such as

  • FalconX
  • Flowdesk
  • Nonco
  • Wintermute
enhancing the ETF's trading capabilities as it approaches its launch. This follows the first amendment filed in December 2025, which disclosed the fund's BHYP ticker and an annual management fee set at 0.67%.

Bitwise's Positioning in the ETF Market

As competition intensifies among asset managers, Bitwise is positioning itself to be the first to introduce a spot ETF linked to Hyperliquid's native token, HYPE. If the SEC grants approval, the HYPE ETF is expected to make its debut on the NYSE Arca stock exchange, providing investors with direct exposure to the spot price of Hyperliquid HYPE.

In a significant development for the cryptocurrency market, Morgan Stanley recently launched the first major spot Bitcoin ETF in the United States. This initiative contrasts with Bitwise's ongoing efforts to secure approval for its Hyperliquid ETF. For more details, see Morgan Stanley's ETF.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Optimism Releases Required Batcher Update v1170

Optimism has announced the release of opbatcher v1170, which is mandatory for operators using the batching infrastructure for OP Stack chains.

user avatarAndrew Smith

NEAR Developers Release First Candidate for nearcore 2140

The NEAR developers have published the first release candidate for nearcore 2140, introducing significant protocol and database changes.

user avatarJacob Williams

Lido Completes Winddown of Regular Simple DVT Clusters

Lido has successfully completed the winddown of its regular Simple DVT clusters, marking a significant step in the decentralization of its validator operations.

user avatarZainab Kamara

Avalanche Schedules Helicon Network Upgrade for September 22

Avalanche has announced the Helicon network upgrade for its mainnet, set to activate on September 22 at 1500 UTC.

user avatarSon Min-ho

Uniswap Proposes Protocol Fee Rollout to Circles Arc Blockchain

Uniswap Labs has introduced a proposal to extend its protocol fee collection and UNI burn infrastructure to the Arc blockchain.

user avatarAyman Ben Youssef

Aave V4 Now Live on Circle's Arc Blockchain

Aave V4 has officially launched on Circle's newly established Arc blockchain, featuring key assets such as USDC, EURC, cirBTC, and WETH.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.