Bitwise Launches First Spot Hyperliquid ETF With In-House Staking on NYSE

By Isaac • May 15, 2026 8:40 pm •

Bitwise Asset Management announced the Bitwise Hyperliquid ETF, ticker BHYP, on May 14, 2026. The fund trades on NYSE and offers 100% direct exposure to spot HYPE.

Bitwise says BHYP is among the first U.S. spot Hyperliquid exchange-traded products. It is also the first to use in-house staking rather than farming that function out to a third party.

The firm intends to stake the fund’s HYPE holdings through Bitwise Onchain Solutions, its own staking division. That detail sets BHYP apart from most crypto ETFs that rely on outside custodians or staking providers.

Introducing the Bitwise Hyperliquid ETF $BHYP—offering 100% direct exposure to spot HYPE. And the first to use in-house staking, rather than a third-party