Odaily Planet Daily reports that Bitwise has filed its second amended document for its spot Hyperliquid ETF with the U.S. Securities and Exchange Commission. The filing adds the ticker symbol BHYP and sets the management fee at 0.67%. Eric Balchunas noted that these updates typically signal an imminent product launch. Currently, Bitwise, Grayscale, and 21Shares are competing to be the first to launch a spot Hyperliquid ETF. In its December 2026 amendment, Bitwise stated that the fund aims to generate additional returns through HYPE staking. According to CoinGecko data, the HYPE price has risen 65% since early 2026 and is currently around $41.96.
Bitwise Submits Second Revised Filing for Hyperliquid ETF; Market Eyes Launch
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ETF inflows are closely monitored as Bitwise submits its second revised filing to the SEC for the Hyperliquid spot ETF. The proposal includes a new ticker, BHYP, and a 0.67% management fee. Bitwise, Grayscale, and 21Shares are competing to be the first to market. The fund will utilize HYPE staking to generate additional returns. HYPE’s price has increased 65% in 2026, reaching $41.96. ETF outflows remain a concern for competitors.
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