is that a stock?

    HYPE (BHYP and THYP are ETF's)

    Posted by law6 on 19th of May 2026 at 03:23 pm

    is that a stock?

    No, but there are two

    Posted by fibbro on 19th of May 2026 at 03:29 pm

    No, but there are two ETF's that track it - BHYP and THYP.   It's a token that is bought back at a rate based on the revenue generated by Hyperliquid "brokerage" transactions here (quite a lot, actually). I believe the rate is 97% of transaction revenue algorithmically goes to buying HYPE.

    https://app.hyperliquid.xyz/trade/xyz:SP500


    thx!

    Posted by law6 on 19th of May 2026 at 03:33 pm

    thx!

    No problem. I would personally

    Posted by fibbro on 19th of May 2026 at 03:42 pm

    No problem. I would personally recommend just turning on a VPN for a hot second - long enough so that you can use USDC to buy it on Rabby (or other wallets) or directly through the hyperliquid brokerage. The experience is so good on the brokerage that it got me HYPE'd about buying the actual coin (not why I initially landed on the site...I wanted to trade the S&P 500 on the weekend). The ETF's look kind of sketchy since they are brand new.  Bitwise is legit, but still...I personally would rather hold it in real crypto. Sheesh, I sound like a salesman...sorry about that.  

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!