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#ETF与衍生品 Bitwise is at it again. The revised filing for the Hyperliquid ETF has been submitted, with a fee rate of 0.67% and stock code BHYP. It looks like it's really going to be listed. The ETF approval process has indeed sped up significantly in recent months, from spot Bitcoin to Ethereum and various derivatives tracks. It feels like the crypto ETF market is about to fully open up.
However, to be honest, although Hyperliquid itself has decent trading volume, its reputation in traditional finance is still a bit awkward. Whether it can attract institutional investors depends on its subsequent market performance. A fee rate of 0.67% is quite high; it's not cheap for an ETF, and its competitiveness will only be clear after it goes live.
Anyway, in this market cycle, derivatives are definitely attracting more and more mainstream players, which is undoubtedly good for the entire ecosystem. Let's watch and see what kind of changes the new ETF will bring to the market.