The product seeks to provide exchange-traded exposure to HYPE, the native token of the Hyperliquid network.
Bitwise Asset Management (Bitwise), a global crypto asset manager, has expanded its European exchange-traded product (ETP) suite with the launch of the Bitwise Hyperliquid Staking ETP (BHYP) on Deutsche Börse Xetra. Hyperliquid operates with a fully on-chain order book and execution system The product seeks to provide exchange-traded exposure to HYPE, the native token of the Hyperliquid network, tracking the Kaiko HYPE Reference Rate LDNLF index. Hyperliquid is a blockchain-based tradi