Bitwise Submits Second Amended Hyperliquid ETF Filing — Launch Imminent?
According to the most recent report, Bitwise has taken a step nearer towards the launch of its proposed spot Hyperliquid (HYPE) exchange-traded fund (ETF) after submitting a second modification with the United States Securities and Exchange Commission.
Bitwise Updates List Of Countertrading Parties In Hyperliquid ETF Filing
On Friday, April tenth, Bitwise submitted its second modification to its spot Hyperliquid with the SEC, introducing new names to the checklist of accepted buying and selling counterparties forward of an imminent launch within the US. This newest submitting included FalconX, Flowdesk, Nonco, and Wintermute as accepted buying and selling counterparties for the asset supervisor.
Earlier in its first modification submitting in December 2025, Bitwise revealed the fund’s BHYP ticker, an annual administration payment of 0.67%, and a proposal to generate further revenue by means of HYPE staking. Also, the asset administration fund had listed three buying and selling counterparties on the time, together with A1 (now dropped off), Nonco, and Solios (disclosed as a d/b/a of FalconX).
In a publish on the social media platform, Bloomberg senior ETF analyst Eric Balchunas highlighted the second modification submitting, saying that this newest replace means that the fund’s launch is perhaps imminent. Despite competitors from two different asset managers, Bitwise seems to be set to win the race for the primary spot ETF linked to Hyperliquid’s native token, HYPE.
21Shares followed with an software of its personal to launch a Hyperliquid ETF in October 2025, whereas Grayscale submitted its personal submitting in late March 2026. Upon approval (which seems to be like a matter of when relatively than if), Bitwise’s HYPE ETF will debut on the NYSE Arca inventory trade and provide buyers publicity to the spot value of Hyperliquid.
HYPE Price Overview
Despite the raging market uncertainty this yr, Hyperliquid’s native token HYPE has been the most effective performers up to now. In reality, it may be mentioned that the decentralized perpetual futures buying and selling protocol has been one of many main winners from the Middle East tensions, as merchants looked to gain market exposure even exterior of standard buying and selling hours.
Data from CoinGecko exhibits that the value of HYPE is up by greater than 65% year-to-date and nearly 200% up to now full yr. As bullish momentum returned to the cryptocurrency market his week, buyers have seen the altcoin’s value reclaim the $40 mark, leaping by almost 20% up to now week.
As of this writing, the value of HYPE sits simply beneath $43, reflecting a virtually 3% soar up to now 24 hours.
