HYPE has surged around 200% over the last 12 months. Other asset managers including Grayscale, 21Shares, and VanEck are also eyeing HYPE-linked ETFs. Bitwise filed for a proposed exchange-traded fund holding Hyperliquid's HYPE token directly, trading under ticker BHYP on NYSE Arca. The fund includes a staking component with about 85% of staking rewards retained after fees, a 0.67% annual management fee and custody handled by Anchorage Digital. HYPE has surged around 200% over the last 12 m…
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