Just saw Bitwise updated their S-1 filing for a Hyperliquid ETF. The whole etf vs fund thing is getting interesting now - seems like every major player is racing to get these products approved. Hyperliquid's been getting a lot of attention lately, so makes sense the competition is heating up. Wonder how many of these actually make it through or if we'll see some consolidation down the line. The etf space for alternative assets is definitely evolving fast.