Bitwise has advanced its efforts to introduce a spot Hyperliquid (HYPE) exchange-traded fund (ETF) to the market. Recent reports indicate that the asset manager submitted a second amendment to its filing with the United States Securities and Exchange Commission (SEC).

This latest amendment, filed on April 10th, specifically details updates to the list of countertrading parties involved in the proposed Hyperliquid ETF. This action marks a further progression in the regulatory process, signaling that the launch of the ETF could be imminent.