Bitwise Submits Second Revised Filing, Hyperliquid ETF Expected to Launch Soon

Odaily News Bitwise has submitted its second revised filing for its spot Hyperliquid ETF to the U.S. Securities and Exchange Commission. The filing adds the trading ticker BHYP and sets the management fee at 0.67%. Eric Balchunas noted that such updates to details typically indicate that the product is nearing launch. Currently, Bitwise, Grayscale, and 21Shares are all competing to issue the first spot Hyperliquid ETF. In a revised filing from December 2026, Bitwise stated that the fund would seek to generate additional yield through HYPE staking. According to CoinGecko data, the price of HYPE has risen 65% since the beginning of 2026 and is currently around $41.96.