Bitwise launches US-listed Hyperliquid fund with staking rewards
BHYP offers spot exposure to Hyperliquid’s HYPE token and will stake a portion of its holdings through Bitwise’s in-house staking division....
Key takeaways
- 1Bitwise launched BHYP fund on NYSE offering spot HYPE token exposure with staking rewards through its in-house division.
- 2HYPE token trades at $44 with $11.22 billion market cap, ranking 10th largest cryptocurrency globally as of May 2026.
- 3Hyperliquid processed $2.9 trillion trading volume in 2025 and holds 60% of global onchain derivatives open interest.
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Why it matters
This US-listed fund provides Indian retail investors regulated access to Hyperliquid's ecosystem while earning staking yields, reducing custody and exchange risks. Growing institutional adoption (Grayscale, Coinbase, A16z) signals mainstream crypto derivatives infrastructure maturation relevant to India's evolving regulatory environment.
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