As per Coinotag, Bitwise filed an amended application for a spot Hyperliquid ETF on December 15, 2025, including a 0.67% management fee and ticker BHYP. The ETF will offer staking rewards and aims to drive institutional demand for the HYPE token. Hyperliquid’s DEX and Layer 1 have generated $824 million in cumulative revenue as of December 2025. Futures open interest for HYPE dropped 50% from $2.1 billion in September to $1 billion by December 2025.
Bitwise Files Amended Spot Hyperliquid ETF with 0.67% Fee and Staking Rewards
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Summary
Bitwise filed an amended spot Hyperliquid ETF application on December 15, 2025, with a 0.67% fee and ticker BHYP. The fund includes staking rewards to boost token utility. Hyperliquid’s DEX and Layer 1 have generated $824 million in cumulative revenue. Futures open interest for HYPE fell 50% to $1 billion by December 2025.
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