The primary Hyperliquid ETF within the U.S. might launch quickly, as crypto ETF issuer Bitwise has filed an amended S-1 registration assertion with the SEC. This transfer comes because the perpetual decentralized alternate (DEX) continues to achieve floor, with its HIP-3 markets attracting vital curiosity.
Bitwise Hyperliquid ETF Might Launch Quickly
Bloomberg analyst Eric Balchunas famous that the HYPE ETF launch could possibly be imminent, provided that Bitwise has filed an amended S-1 with the SEC that features key particulars such because the fund’s ticker and charges.
Bitwise w one other replace to Hyperliquid ETF consists of ticker $BHYP and charge 67bps. Usually which means launch quickly. HYPE is up 200% in previous yr in order that they prob making an attempt to strike whereas iron sizzling pic.twitter.com/xt5gc9BpSI
— Eric Balchunas (@EricBalchunas) April 10, 2026
In keeping with the SEC submitting, the Bitwise Hyperliquid ETF will commerce on the NYSE Arca underneath the ticker ‘BHYP.’ The crypto ETF issuer will cost a administration charge of 0.67%. In the meantime, Anchorage Digital Financial institution will function the fund’s custodian, securing the online property for the HYPE ETF.
Balchunas alluded to the HYPE token, noting that the crypto worth is up 200% prior to now yr. As such, he believes that Bitwise is making an attempt to ‘strike whereas the iron is sizzling’ by launching its Hyperliquid ETF quickly.
It’s value noting that the Hyperliquid ecosystem can also be gaining vital consideration in the mean time, with its HIP-3 markets, which allow market individuals to commerce in property past crypto, together with commodities akin to gold, silver, and oil. In keeping with Hyperscreener knowledge, every day open curiosity in these markets has constantly exceeded $1 billion for the reason that begin of March, across the time the U.S.-Iran struggle started.
Different HYPE ETFs On The Desk
Crypto ETF issuers Grayscale and 21Shares have additionally filed to launch Hyperliquid ETFs within the U.S. 21Shares had filed for this fund in October final yr, shortly after Bitwise filed to supply the primary HYPE ETF. In the meantime, Grayscale filed for its HYPE fund final month, which it plans to launch underneath the ticker ‘GHYP.’
Forward of the Bitwise Hyperliquid ETF launch, the HYPE worth has once more climbed above the psychological $40 degree, posting one of many largest positive factors among the many main cryptos this week. HYPE is up over 18% within the final week, in keeping with TradingView knowledge.
This additionally comes as crypto whales, together with BitMEX co-founder Arthur Hayes, accumulate the HYPE token. As CoinGape lately reported, Arthur Hayes really helpful shopping for HYPE, calling it the one factor he was shopping for proper now.
On-chain knowledge reveals that Hayes obtained 26,022 HYPE, value $1.096 million, from market maker Flowdesk at the moment. Additional knowledge from Hypurrscan reveals that he now holds 247,334 HYPE, value $10.44 million, up over $2.5 million.
🔗@CryptoHayes obtained a brand new switch of 26,022.42 $HYPE ($1.096M) from @flowdesk_co pic.twitter.com/kbui5W1Gee
— Hyperliquid Information (@HyperliquidNews) April 11, 2026
