Bitwise to List Hyperliquid (HYPE) ETF on NYSE as BHYP Starting May 15

Bitwise plans to launch an ETF tied to Hyperliquid’s HYPE token, with shares set to begin trading May 15 on the NYSE under the ticker BHYP. The firm says the fund uses Bitwise’s in-house staking infrastructure and its prospectus lists a 0.34% sponsor fee, which it intends to waive for the first month on the first $500 million in assets.