{"id":60099,"date":"2025-09-26T06:36:33","date_gmt":"2025-09-26T06:36:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitwise-seeks-sec-approval-for-first-ever-hyperliquid-hype-etf\/"},"modified":"2025-09-26T06:36:33","modified_gmt":"2025-09-26T06:36:33","slug":"bitwise-seeks-sec-approval-for-first-ever-hyperliquid-hype-etf","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitwise-seeks-sec-approval-for-first-ever-hyperliquid-hype-etf\/","title":{"rendered":"Bitwise seeks SEC approval for first-ever Hyperliquid (HYPE) ETF"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250926_051524_2j0qp_720-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250926_051524_2j0qp_720-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250926_051524_2j0qp_720-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250926_051524_2j0qp_720-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitwise has submitted S1 for an ETF tracking HYPE.<\/li>\n<li>It would be the first ETF tied to a perp DEX token.<\/li>\n<li>Approval could see Hyperliquid exploding to new highs.<\/li>\n<\/ul>\n<p>$15B asset manager Bitwise seems prepared for the next chapter of digital finance.<\/p>\n<p>The company has filed with the US Securities &amp; Exchange Commission for an exchange-traded fund (ETF) tracking Hyperliquid\u2019s native coin, HYPE.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BITWISE FILED FOR A HYPERLIQUID ETF<\/p>\n<p>ANY <a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HYPE<\/a> BULLS STILL AROUND? <a href=\"https:\/\/t.co\/UdReTcfzAI\">pic.twitter.com\/UdReTcfzAI<\/a><\/p>\n<p>\u2014 0xMarioNawfal (@RoundtableSpace) <a href=\"https:\/\/twitter.com\/RoundtableSpace\/status\/1971360316635127929?ref_src=twsrc%5Etfw\">September 25, 2025<\/a><\/p>\n<\/blockquote>\n<p><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2088139\/000121390025091720\/ea0258158-s1_bitwise.htm\">The S-1 application<\/a> gained traction as a HYPE ETF would be the first of its kind, offering market players regulated access to a perpetual decentralized exchange token.<\/p>\n<p>That signals the growing influence of DeFi and increasing pressure on Wall Street to expand cryptocurrency offerings beyond the top Bitcoin and Ethereum.<\/p>\n<h2>Understanding Hyperliquid<\/h2>\n<p>Hyperliquid is a decentralized platform designed specifically for DeFi undertakings.<\/p>\n<p>While traditional blockchains often incorporate multiple use cases, Hyperliquid zeroes in on perpetual futures (perps) trading \u2013 a derivatives product that\u2019s gaining remarkable attention in the cryptocurrency markets.<\/p>\n<p>Notably, perps allow traders to speculate on future prices of assets without expiry dates.<\/p>\n<p>That has made them attractive to institutions and experienced traders seeking heightened liquidity and flexibility.<\/p>\n<p>Most importantly, Hyperliquid boasts a high-frequency infrastructure that handles the market with speed and efficiency.<\/p>\n<p>This has seen the DEX create a sought-after niche in the blockchain industry.<\/p>\n<p>Bitwise\u2019s HYPE ETF application reflects confidence in the broader cryptography technology and Hyperliquid\u2019s role in the future of decentralized finance (DeFi).<\/p>\n<p>A exchange-traded fund approval would be a game-changer for US investors and the DEX.<\/p>\n<p>Hyperliquid might boom to levels that the BitMEX co-founder predicted as institutional players join.<\/p>\n<p>Pension funds, retail broker accounts, and hedge funds will have a regulated exposure to HYPE via a familiar product: the ETF.<\/p>\n<p>Americans will gain frictionless access to a high-frequency decentralized asset, something that has been somewhat intimidating for non-crypto-native investors.<\/p>\n<p>Everyday investors can use brokerage apps to buy into the altcoin\u2019s exposure without the hurdles of creating wallets and exploring DEXs.<\/p>\n<h2>Challenges ahead<\/h2>\n<p>While the application stirred optimism, approval remains far from guaranteed.<\/p>\n<p>The US SEC has taken a cautious approach to cryptocurrency ETFs, often citing concerns like investor protection, liquidity, and market manipulation.<\/p>\n<p>Furthermore, Bitwise\u2019s filing comes as the regulator delays its decision on multiple altcoin exchange-traded funds, including Pengu, Avalanche, and Sei.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 JUST IN: The SEC has postponed decisions on the Canary Spot Pengu, Grayscale Spot Avalanche, and Canary Spot Staked Sei ETFs. <a href=\"https:\/\/t.co\/pY828lU62o\">pic.twitter.com\/pY828lU62o<\/a><\/p>\n<p>\u2014 Crypto Briefing (@Crypto_Briefing) <a href=\"https:\/\/twitter.com\/Crypto_Briefing\/status\/1971339523599523843?ref_src=twsrc%5Etfw\">September 25, 2025<\/a><\/p>\n<\/blockquote>\n<p>Moreover, questions linger whether the SEC can endorse an ETF of an asset with a primary utility linked to high-risk perpetual trading.<\/p>\n<p>The regulator will likely prioritize balancing investor safety and innovation when reviewing the application.<\/p>\n<h2>HYPE price action<\/h2>\n<p>The alt lost 0.2% in the past day to hover at $42.43.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-338342\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/HYPE-Chart.jpg\" alt=\"\" width=\"1068\" height=\"368\"\/><\/p>\n<p>HYPE has declined from its mid-September all-time highs of $58.<\/p>\n<p>Meanwhile, its current outlook mirrors ongoing broader market declines.<\/p>\n<p>Cryptocurrencies extended their downside yesterday <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-ethereum-altcoins-tumble-after-us-gdp-surprise-1-1b-liquidations-hit-market\/\">after the US revised GDP data<\/a>.<\/p>\n<p>Bitcoin trades below $110,000 as cryptocurrencies follow September\u2019s history of bearish performance.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitwise-seeks-sec-approval-for-first-ever-hyperliquid-hype-etf\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitwise has submitted S1 for an ETF tracking HYPE. It would be the first ETF tied to a perp DEX token. Approval could see Hyperliquid exploding to new highs. $15B asset manager Bitwise seems prepared for the next chapter of digital [&hellip;]<\/p>\n","protected":false},"author":3947362363,"featured_media":60100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/60099"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362363"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=60099"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/60099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/60100"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=60099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=60099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=60099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}