Bitwise Files for First-Ever Spot Hyperliquid ETF as Token Price Falls

TLDR Bitwise has filed for a spot Hyperliquid (HYPE) ETF with in-kind redemptions Competition between perpetual futures DEXs is heating up with Aster surpassing Hyperliquid in volume Aster’s 24-hour volume reached $35.8 billion, more than triple Hyperliquid’s $10 billion HYPE token price fell 11% to $40.51 with an $11 billion market cap, ranking 21st among [...]

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