Bitwise Files Second Amendment for $BHYP ETF With 0.67% Fee
The filing confirms the BHYP ticker and a staking (locking crypto to earn rewards) objective, while Eric Balchunas says the fund appears close to reaching the market.
Summary
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Terms & Concepts
Staking: Locking crypto assets to help operate a blockchain network and earn rewards in return.
ETF: An exchange-traded fund is a market-listed investment product that tracks an asset or strategy.
Ticker: A ticker is the short trading symbol used to identify a listed fund or security on an exchange.