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Bitwise launches US-listed Hyperliquid fund with staking rewards
Bitwise Asset Management launched the BHYP fund on the New York Stock Exchange, offering spot HYPE exposure and staking rewards with a 0.34% sponsor fee. Bitwise said the fund plans to stake a significant portion of its HYPE holdings through its in-house staking division. BHYP is the second US-listed Hyperliquid product to launch this week. Bitwise cited DeFiLlama data showing Hyperliquid processed about $2.9 trillion in trading volume in 2025.