What does the Bitwise Hyperliquid ETF do?

The ETF aims to track the performance of the Hyperliquid (HYPE) token, offering investors regulated exposure to the DeFi protocol without direct digital asset management.

Will this ETF launch soon?

Bitwise has submitted its latest amendment and named trading counterparties, indicating progress toward launch, but final SEC approval is still pending.

Is this a safe investment?

The filing highlights significant risks, including extreme volatility of HYPE, regulatory uncertainty, and smart contract vulnerabilities. Investors should conduct their own research.

🔗 Crypto & DeFi

Bitwise ETF Moves Ahead: Names Flowdesk, Wintermute

The race for regulated crypto exposure just hit another gear. Bitwise is prepping its Hyperliquid ETF, and they've just locked in some serious firepower.

Fintech Pulse Apr 13, 2026 4 min read 38 views

⚡ Key Takeaways

Bitwise has named Flowdesk and Wintermute as trading counterparties for its proposed Hyperliquid ETF. 𝕏
The ETF aims to provide regulated access to the HYPE token and the Hyperliquid DeFi protocol. 𝕏
The filing details operational aspects, including fees, custody arrangements, and risk disclosures. 𝕏