Bitwise Hyperliquid ETF Targets $11B HYPE Market

Key Takeaways:

• Bitwise officially has launched the Hyperliquid ETF (BHYP) that provides investors with direct spot exposure to HYPE.
• This investment product is a first for a U.S. Hyperliquid ETF, featuring in-house staking.
• According to Bitwise, Hyperliquid accounts for about 60% of the global open interest of perpetual DEXs on the Onchain platform.

Regulated cryptocurrency investment products keep growing in the U.S., while institutional capital continues investing further into decentralized trading markets. The most recent example is being offered by Bitwise, which has launched its Hyperliquid ETF that immediately tracks the rapidly expanding HYPE ecosystem.

Bitwise Launches Spot Hyperliquid ETF

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