Bitwise Hyperliquid ETF to start trading Friday as HYPE rallies on Coinbase USDC deal

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The launch follows 21Shares’ HYPE ETF debut earlier this week and adds another regulated product tied to Hyperliquid’s growing onchain trading market.

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Bitwise will launch its Hyperliquid ETF on Friday, giving investors direct exposure to spot HYPE as institutional demand for Hyperliquid-linked products accelerates.

Introducing the Bitwise Hyperliquid ETF $BHYP—offering 100% direct exposure to spot HYPE. And the first to use in-house staking, rather than a third-party staking provider.