Bitwise amends HYPE ETF filing – Will the potential launch maintain a price above 20 USD?

Bitwise’s amended HYPE ETF filing reveals a 0.67% management fee and a new ticker. Experts emphasize that institutional interest could greatly influence HYPE’s value, despite a considerable drop in speculative interest in the fourth quarter.

The HYPE futures market shows signs of stability but has seen open interest decline from 2.1 billion USD to around 1 billion USD. Analysts caution that HYPE’s price may fall to the low $20s as overall market conditions weaken.

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