Wall Street can now hedge Hyperliquid’s HYPE, but weekends carry a real risk

Options on Bitwise's HYPE ETF give Wall Street a regulated venue to price risk on a 24/7, perpetual futures exchange that trades only during US market hours. BHYP began trading on the NYSE on May 15, holding spot HYPE with in-house staking built into the fund. Options on those shares now also trade,