🔗 Crypto & DeFi

Bitwise Hyperliquid ETF Gets Real Counterparties

The race to offer regulated exposure to newer crypto assets just got a shot of adrenaline. Bitwise is making serious moves, lining up heavy hitters to make its Hyperliquid ETF a reality.

Bitwise logo next to a stylized representation of cryptocurrency trading graphs

⚡ Key Takeaways

  • Bitwise has officially named Flowdesk and Wintermute as approved trading counterparties for its proposed spot Hyperliquid ETF. 𝕏
  • The ETF aims to provide regulated access to the Hyperliquid protocol's HYPE token, a decentralized perpetuals exchange. 𝕏
  • The inclusion of major market makers signals Bitwise's commitment to operational efficiency and resilience, crucial for a volatile crypto asset. 𝕏
Priya Patel
Written by

Priya Patel

Markets reporter covering banking, lending, and the collision between traditional finance and fintech.

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Originally reported by Crowdfund Insider

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