Bitwise Launches Hyperliquid ETF $BHYP With In-House Staking — Trading Starts Tomorrow!

Bitwise Asset Management is set to launch its Hyperliquid ETF, ticker $BHYP, with trading beginning tomorrow. The product is notable for its in-house staking component, meaning the fund intends to generate yield directly from staked HYPE tokens rather than holding the asset passively — a structure that could meaningfully differentiate $BHYP from standard spot crypto ETF wrappers.

The launch marks another step in the broadening of the crypto ETF landscape beyond Bitcoin and Ethereum. Hyperliquid, the high-performance decentralized perpetuals exchange, has attracted significant on-chain volume and a dedicated community, making it a credible candidate for institutional packaging.

For investors, the staking yield embedded in the fund structure is the key variable to watch: if Bitwise can pass through meaningful returns while maintaining regulatory compliance, $BHYP could set a template…