According to Wu Blockchain, Bloomberg ETF analyst Eric Balchunas revealed that Bitwise has submitted the second revised version of the Hyperliquid ETF application to the U.S. SEC. The document shows that the ETF's trading code will be set as BHYP, with a management fee rate of 67 basis points (0.67%). Analysts pointed out that specifying the code and fee rate usually indicates that the product is about to officially launch.