According to the latest report, Bitwise has taken a step closer toward the launch of its proposed spot Hyperliquid (HYPE) exchange-traded fund (ETF) after filing a second amendment with the United States Securities and Exchange Commission.
Bitwise Updates List Of Countertrading Parties In Hyperliquid ETF FilingEarlier in its first amendment filing in December 2025, Bitwise revealed the fund’s BHYP ticker, an annual management fee of 0.67%, and a proposal to generate additional profit through HYPE staking. Also, the asset management fund had listed three trading counterparties at the time, including A1 (now dropped off), Nonco, and Solios (disclosed as a d/b/a of FalconX).
HYPE Price OverviewData from CoinGecko shows that the price of HYPE is up by more than 65% year-to-date and almost 200% in the past full year. As bullish momentum returned to the cryptocurrency market his week, investors have seen the altcoin’s price reclaim the $40 mark, jumping by nearly 20% in the past week.
As of this writing, the price of HYPE sits just beneath $43, reflecting a nearly 3% jump in the past 24 hours.
