★Bitwise files second amendment to Hyperliquid ETF, adds Wintermute and Flowdesk as trading counterparties

The Big Coin Report Take

Bitwise has amended its Hyperliquid ETF filing, notably adding Wintermute and Flowdesk as authorized participants and trading counterparties. This development strengthens the institutional infrastructure for a potential Hyperliquid spot ETF in the US, following Bitwise Europe's recent listing of a physically-backed Hyperliquid staking ETP. The inclusion of major crypto market makers like Wintermute underscores growing institutional confidence and readiness for altcoin investment products. This move is significant as it could set a precedent for other altcoin ETFs, diversifying investment opportunities beyond Bitcoin and Ethereum. Investors should watch for further regulatory responses and the potential for other asset managers to follow suit with similar filings.