Bitwise Files to Launch Spot HYPE ETF

Bitwise Files to Launch Spot HYPE ETF

Asset manager Bitwise has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) that will hold Hyperliquid’s native token HYPE. The Bitwise Hyperliquid ETF will be designed as a physically-backed product, meaning it will directly hold HYPE tokens rather than using derivatives or leverage. Coinbase Custody will act as the fund’s custodian, while Bitwise will manage the t…

Bitwise Seeks SEC Approval for Spot ETF Backed by Hyperliquid’s Native Token

Bitwise filed to launch an ETF that directly holds the HYPE token from Hyperliquid. The ETF must complete SEC review before it can begin trading on a public exchange. HYPE token price dropped as trading volume on rival platforms continued to rise. Asset manager Bitwise has submitted a proposal for a new exchange-traded fund (ETF) tied to Hyperliquid’s native token, HYPE. The firm filed Form S-1 with the U.S. Securities and Exchange Commission on…

Bitwise files for first U.S. Spot HYPE ETF – Details inside!

Bitwise has filed an S-1 form with the SEC to list the first U.S Spot HYPE ETF. Will it boost HYPE recovery odds in Q4?

HYPE Token Shows Resilience as ETF Filing Signals Institutional Interest

Hyperliquid’s (HYPE) token falls 25% this week, trading at $42.15. HYPE trading volume jumps 21%, showing strong investor activity. This week saw major events in the cryptocurrency market with Hyperliquid HYPE token. Although the price has dropped significantly, industry analysts have positive outlooks regarding the future performance trend of the digital asset. HYPE is currently trading at $42.15, which is a huge 25% drop in the last seven day…

Bitwise Proposes First Hyperliquid ETF

Bitwise Proposes First Hyperliquid ETF Bitwise Investment Advisers has filed an application to create a new ETF linked to Hyperliquid's HYPE token.

Expert Projects HYPE Token Upside as Bitwise Files for Hyperliquid ETF With SEC

An expert has projected a significant upside for the HYPE token, despite its recent dip in the market. This comes as Bitwise filed for a spot Hyperliquid ETF with the U.S. SEC. The move could open the door for Wall Street investors to gain direct exposure to the token. Expert Maintains Bullish HYPE Outlook Despite The post Expert Projects HYPE Token Upside as Bitwise Files for Hyperliquid ETF With SEC appeared first on CoinGape.