Bitwise has submitted an amended filing for its Hyperliquid ETF, bringing several key updates to the product structure. The amendment officially establishes the 8a classification status, sets the management fee at 67 basis points, and confirms the trading ticker as $BHYP. These regulatory refinements mark an important step in the product's development pathway, with the fee structure and classifications now formally documented in the official submission.
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MeaninglessApe
· 12-16 17:27
67 bp has some value, but will anyone really buy this fee rate?
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LiquidationWatcher
· 12-15 17:44
67 bps tho... ngl been watching this filing since day one, that fee's gonna eat into your position faster than a liquidation cascade. seen this movie before with other products. anyway $BHYP ticker locked in, so at least there's that.
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FallingLeaf
· 12-15 17:44
67bp fee... Not particularly cheap, right? It's quite a bit more expensive than those big competitors?
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ImpermanentPhilosopher
· 12-15 17:42
67 basis points? That's a pretty hefty rate... But the 8a classification being finalized is definitely a positive.
Bitwise has submitted an amended filing for its Hyperliquid ETF, bringing several key updates to the product structure. The amendment officially establishes the 8a classification status, sets the management fee at 67 basis points, and confirms the trading ticker as $BHYP. These regulatory refinements mark an important step in the product's development pathway, with the fee structure and classifications now formally documented in the official submission.