🚨 Bitwise Advances Hyperliquid ETF Filing

Bitwise has meaningfully upgraded its Hyperliquid ETF proposal, putting real structure behind the narrative.

Key details: • Ticker: $BHYR

• Fee: 0.67% (67 bps)

• Exchange: NYSE Arca

• Exposure: Spot Hyperliquid (no derivatives)

• NAV: CF Benchmarks pricing reference

• Custody: Anchorage Digital (institutional-grade)

• Mechanism: 10,000-share creation/redemption baskets

• Staking: Secondary objective, not yield-focused

This filing signals maturity—clear pricing, strong custody, and transparent mechanics.

A notable step toward institutional-grade crypto exposure as ETF standards continue to rise.

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