Summary
- Bitwise submitted amended paperwork related to the Hyperliquid (HYPE) ETF.
- The filing reportedly added a fee rate (0.67%) and the ticker 'BHYP'.
- The market is interpreting these amendments as a signal that the ETF launch is imminent.
Asset manager Bitwise reportedly submitted amended paperwork related to a Hyperliquid (HYPE)-based exchange-traded fund (ETF). The market interprets this as a sign that the ETF launch is imminent.
On the 15th, Eric Balchunas, a Bloomberg senior ETF analyst, wrote on X (formerly Twitter), "Bitwise has filed an amendment for the Hyperliquid ETF," adding, "The filing added an '8a' related item along with the fee rate (annual 0.67%) and the ticker 'BHYP'."
He added, "Typically, when such an amendment is made, it means the ETF launch is imminent," and, "There could be additional news soon."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
