Bitwise files S-1 for spot HYPE ETF
Key Takeaways
- Bitwise filed an S-1 with the SEC to launch a spot ETF holding the HYPE token from Hyperliquid.
- The proposed ETF aims to provide HYPE exposure via traditional brokerage accounts with Coinbase Custody as custodian.
Bitwise Asset Management has filed an S-1 registration statement with the Securities and Exchange Commission for a spot trust that will hold HYPE, the native token of perpetual DEX Hyperliquid. The vehicle is structured to reflect the token’s value through a daily net asset value benchmark.
The trust is designed to give investors exposure to HYPE via traditional brokerage accounts without directly managing the asset. Coinbase Custody Trust Company is expected to serve as custodian, while Bitwise Investment Advisers will act as sponsor.
According to the filing, shares will be created and redeemed in large blocks by authorized participants, mirroring the structure of spot Bitcoin ETFs. The trust will not use derivatives or leverage, focusing solely on physically backed holdings of HYPE.
HYPE rose 4% on the news, trading at $42.5 as of press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ChainOpera AI Token Plummets Unexpectedly: Is This a Warning Sign for Crypto Investors Focused on AI?
- ChainOpera AI's 96% value collapse in late 2025 exposed critical risks in centralized, opaque AI-driven crypto projects. - 87.9% token concentration in ten wallets enabled manipulation, while untested AI algorithms and lack of audits eroded trust. - Regulatory ambiguity from delayed U.S. CLARITY Act and EU AI Act created fragmented frameworks, deterring institutional participation. - Post-crash trends prioritize decentralized governance, auditable smart contracts, and compliance with AML/KYC protocols fo
Modern Monetary Theory and the Transformation of Cryptocurrency Valuation Models in 2025
- Modern Monetary Theory (MMT) reshaped crypto valuation in 2025, transitioning digital assets from speculative tools to institutional liquidity instruments amid low-yield environments. - Central banks and 52% of hedge funds adopted MMT-aligned CBDCs and regulated stablecoins, with BlackRock's IBIT ETF managing $50B as crypto gained portfolio diversification status. - Regulatory divergence (e.g., U.S. CLARITY Act vs. New York BitLicense) created volatility, exemplified by the Momentum (MMT) token's 1,300%
Financial Wellness Emerging as a Key Investment Trend: Psychological and Structural Factors Shaping Sustainable Wealth Over Time
- 2025 investment trends prioritize financial wellness driven by behavioral economics and systemic factors like inflation and AI-driven tools. - Budgeting apps (YNAB, Mint) and automation platforms (Digit, Acorns) address debt management and savings discipline amid $1.17T U.S. credit card debt. - ETFs like iShares IYG and Global X FINX target financial wellness infrastructure, while Vanguard's inflation-protected ETFs cater to capital preservation needs. - Systemic shifts force "cascading waterfall" financ
Investing for Tomorrow: Eco-Friendly Energy Systems and the Growth of Green Cities
- Global climate-conscious energy infrastructure is accelerating, driven by tech innovation and urban decarbonization needs, with cities accounting for 70% of carbon emissions. - Smart grids and AI are transforming energy systems: grids optimize distribution (e.g., Amsterdam/Singapore), while AI cuts building energy use by 30% via automation and analytics. - Renewable energy investments hit $2.2T in 2025, led by solar (cheapest electricity source), but emerging markets face funding gaps despite hosting 40%
Trending news
MoreCrypto prices
More
