Bitwise Hyperliquid ETF launches on NYSE with staking
6.7 Investments Bitwise’s Hyperliquid ETF (BHYP) launches on NYSE, offering direct spot HYPE exposure and staking rewards. Fees are waived for the first month, highlighting Hyperliquid’s leadership in onchain trading.
The Bitwise Hyperliquid ETF (BHYP) has debuted on the New York Stock Exchange, marking the first U.S.-listed ETF to offer exposure to Hyperliquid and staking rewards through Bitwise Onchain Solutions. This fund provides 100% direct spot HYPE exposure and features in-house staking, distinguishing it from other products in the market. For the first month, management fees are waived for the initial $500 million in assets; after that, a 0.34% fee applies. Hyperliquid is a leading onchain perpetuals exchange and decentralized trading platform, having processed $2.9 trillion in transaction volume in 2025 and currently representing about 60% of global onchain perpetual DEX open interest. The HYPE token ranks among the top 15 by trading volume and is the ninth or tenth largest cryptocurrency by market capitalization, excluding stablecoins. The ETF’s structure allows investors to gain both price exposure and potential staking income, representing a significant milestone in the crypto ETF sector.
