Bitwise Hyperliquid ETF 2Q 2026: Net income $9.11M, Revenue $156K — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Bitwise Hyperliquid ETF (BHYP) reported a net income of $9.11M and staking revenue of $156K for the period May 14–June 30, 2026. Launched on May 14, the Trust grew net assets to $128K driven by large inflows. The sponsor waived fees and reimbursed expenses during this initial listing period.
Bitwise Hyperliquid ETF reported results for the period May 14–June 30, 2026, showing net income of $9.11M driven by inflows and staking activity, and recognized staking revenue of $156K for the short initial reporting period.
Financial Highlights
- Net income: $9.106M for the period May 14–June 30, 2026 (net increase in net assets resulting from operations).
- Revenue: Staking rewards of $156K recognized as investment income for May 14–June 30, 2026.
- Diluted EPS: Not reported for the period (no total diluted EPS disclosed in Part I Item 1 or Item 2).
Business Highlights
- NAV & asset growth: The Trust launched May 14, 2026 and grew net assets to $128K by June 30, 2026, driven by large Hyperliquid inflows.
- Staking operations: Began staking upon launch and earned 1,830 HYPE in staking rewards; rewards are allocated to the Trust net of fees.
- Liquidity & redemption controls: Maintains an unstaked Liquidity Reserve and may long-settle, borrow or swap liquid assets to meet redemptions.
- Fees & sponsor support: The sponsor's fee is 0.34% per year; the sponsor waived fees and reimbursed staking expenses for the initial listing period.
Original SEC Filing: Bitwise Hyperliquid ETF [ BHYP ] - 10-Q - Aug. 12, 2026
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