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Bitwise Publishes $BHYP Hyperliquid ETF Wallet Addresses for Onchain Verification

Bitwise said the released wallet addresses let users directly verify fund activity onchain (recorded on a public blockchain).

Summary

Bitwise announced that it has released wallet addresses for its $BHYP Hyperliquid ETF, allowing direct onchain (recorded on a public blockchain) verification of fund activity. The update points to greater transparency by enabling market participants to track the fund’s blockchain-linked activity through publicly viewable addresses.

Terms & Concepts
  • Onchain verification: The process of checking activity directly on a blockchain through public records rather than relying only on company disclosures.
  • Wallet address: A public blockchain identifier used to send, receive, and monitor digital asset transactions.
  • ETF: An exchange-traded fund is an investment vehicle that can give investors market exposure through a regulated fund structure.