Bitwise Hyperliquid ETF
Bitwise Hyperliquid ETF (AMEX: BHYP) is an exchange-traded fund listed on NYSE Arca, trading at $49.17 (about ₹4,717 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.34% and holds 1 security. Indian residents can buy BHYP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$48.86
Today's high
$50.40
52 week low
$24.18
52 week high
$54.57
BHYP opened at $50.40, closed previously at $51.41, and has traded between $24.18 and $54.57 over the past 52 weeks.
About
The Bitwise Hyperliquid ETF (BHYP) aims to replicate the daily price movements of Hyperliquid (HYPE) while simultaneously increasing its holdings through HYPE staking rewards. The fund secures direct exposure to HYPE by maintaining ownership of the cryptocurrency itself. Its Net Asset Value (NAV) is determined by referencing the CF Hyperliquid-Dollar US Settlement Price. Hyperliquid (HYPE) is recognized as a high-speed Layer 1 blockchain specifically engineered for decentralized finance (DeFi) and onchain trading, notably featuring a prominent perpetual futures exchange. The fund intends to dedicate a portion of its HYPE to staking activities, leveraging the benefits provided by these protocols, which are crucial for validating and recording blockchain transactions. HYPE that is staked functions as collateral, becoming temporarily locked within the network. This staking process presents an opportunity to generate and accrue additional HYPE. Staking-related costs comprise 25% of the HYPE produced, meaning the fund keeps approximately 75% of these rewards. For the purpose of U.S. federal income tax, the fund is established as a grantor trust. The fund's NAV is publicly available each day on its official website.
Key statistics
Expense ratio
0.34%
Assets (AUM)
$204.7M
Holdings
1
NAV
$53.05
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top holding
BHYP holds 1 security in total. These 1 are 100.0% of the fund.
How to buy BHYP from India
Indian residents can buy BHYP units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search BHYP and buy
Find the fund by its ticker, BHYP, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in BHYP from India
Trading and taxes when buying BHYP from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the BHYP price today?
Bitwise Hyperliquid ETF (BHYP) last traded at $49.17 on NYSE Arca, as of 28 Sep 2026, 4:00 PM ET. That is ₹4,717 a unit at the 27 Sep 2026 USD/INR rate.
When does BHYP trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is BHYP, and what does it cost to hold?
Bitwise Hyperliquid ETF manages about $204.7M. Its expense ratio is 0.34% a year, deducted inside the fund. It launched in 2026.
What are BHYP's largest holdings?
Its largest holding is HYPERLIQUID (100.0%).
How are gains on BHYP taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of BHYP?
Yes. You can buy BHYP by amount rather than by whole unit, and there is no minimum trade size.