Bitwise Updates Hyperliquid ETF Filing — Adds 8(a) Clause and 0.67% Fee
Bitwise’s amended SEC filing for its Hyperliquid Spot ETF under ticker BHYP, with a 0.67% fee, suggests an imminent launch on NYSE Arca.
HYPE
Fact Check
The evidence provided by both sources is consistent and directly supports the user's statement. Both sources report that Bitwise submitted an amended filing for its Hyperliquid ETF. The Bitget article explicitly confirms both key details of the statement: the inclusion of an 8(a) clause and a 0.67% fee. The Phemex article also confirms the 8(a) clause and the addition of a fee rate, lending further credibility by attributing the information to a respected Bloomberg ETF analyst. There are no contradictions between the sources. The combined weight of two independent, corroborating reports, one of which cites an industry expert, makes the statement highly probable.
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Summary
On Dec. 16, Bitwise filed an amended registration statement with the SEC for its Hyperliquid Spot ETF, which will trade as BHYP on NYSE Arca and carry a 0.67% annual fee. The update retained the earlier 8(a) clause addition and signals the product may be nearing market entry.
Terms & Concepts
- ETF: An exchange-traded fund that lets investors gain exposure through shares.
- 8(a) clause: A clause labeled 8(a) referenced in the filing update.
- Ticker BHYP: The exchange symbol assigned to the fund for trading.