BREAKING: Spot ETF for the Most Talked-About Altcoin of Recent Days Launches Tomorrow

Crypto asset management company Bitwise has announced a new ETF product focused on the Hyperliquid ecosystem.

According to the company’s statement, the fund, launched under the name “Bitwise Hyperliquid ETF” and trading under the ticker symbol “BHYP,” will provide 100% direct exposure to the spot Hyperliquid token. The ETF is scheduled to open for trading tomorrow.

Bitwise stated that the BHYP ETF is also the first Hyperliquid ETF to utilize an in-house staking mechanism. The announcement noted that while many products rely on third-party staking providers, BHYP will conduct staking operations directly through its own infrastructure. The company said this structure aims to offer investors staking rewards more efficiently.

Bitwise stated that its Hyperliquid platform has become one of the most important on-chain trading platforms globally. According to the company, during geopolitical tensions in the Middle East, when traditional markets were closed, institutional investors turned to Hyperliquid for transactions. Bitwise noted that this demonstrates the trust placed in the platform’s speed, accessibility, and seamless transaction infrastructure.

The company also stated that Hyperliquid controls approximately 60% of the global on-chain perpetual DEX open market as of May 13, 2026. It added that the platform has a processing capacity of approximately 200,000 orders per second and has quickly built a strong user base.

*This is not investment advice.