Crypto

Bitwise lists BHYP spot HYPE ETF on NYSE, reflecting staking rewards

Bitwise has listed BHYP, an exchange-traded fund tracking the spot price of Hyperliquid\'s HYPE, on the New York Stock Exchange. The product is among the early U.S.-approved spot Hyperliquid ETFs and is designed to incorporate staking rewards into its performance through an in-house staking system. Bitwise said it aims to maximise additional returns from holding HYPE. The firm cited Hyperliquid\'s growth, including 2025 trading volume of $2.9 trillion.

Crypto

21Shares Hyperliquid spot ETF THYP debuts with $1.2 million net inflows on first day

21Shares launched its first exchange-traded fund based on Hyperliquid, with the product starting to trade on Nasdaq under the ticker THYP. On its first trading day, the ETF recorded $1.8 million in turnover and about $1.2 million in net inflows, Cryptopolitan reported. The fund offers exposure to HYPE without direct token ownership, and 21Shares also introduced a 2x daily leveraged ETF, TXXH.