Bitwise Asset Management has taken another significant step toward launching its proposed Hyperliquid exchange-traded fund (ETF) by submitting a second amended filing to the U.S. Securities and Exchange Commission (SEC).
The revised document introduces the ticker symbol “BHYP” and outlines a management fee of 0.67%, both key indicators that the product is nearing market readiness. Bloomberg ETF analyst Eric Balchunas noted that such detailed additions typically occur in the final stages before approval and launch.
The development highlights increasing momentum in the crypto ETF space, where issuers are racing to refine offerings amid growing investor demand.
If approved, the Hyperliquid ETF would expand Bitwise’s digital asset portfolio and provide investors with broader exposure to emerging crypto platforms through regulated financial instruments.
Market participants are closely watching the SEC’s response, as approval could pave the way for similar innovative crypto investment vehicles.
Source: X.com
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