Bitwise has updated its Hyperliquid ETF filing to include the ticker BHYP and a 0.67% management fee.
The amended filing adds to signs that the firm may be preparing to launch soon as competition for the first Hyperliquid ETF intensifies.
Bitwise appears to be moving a little closer to launching a Hyperliquid ETF, and the latest filing changes are the sort of details the market tends to notice.
The asset manager has submitted a second amended filing for its proposed product, adding the ticker BHYP and setting the management fee at 0.67%, or 67 basis points. On its own, neither detail is dramatic. Together, though, they usually suggest a filing is entering a more final stage.
Ticker and fee details point to a product nearing market
Bloomberg senior ETF analyst Eric Balchunas said on X that the addition of a ticker and fee often means a launch could be coming soon. That is not a guarantee, of course. ETF filings can still face delays, revisions or shifting timelines. But in practice,