Crypto M - Crypto News

🚀 Bitwise Amends Spot Hyperliquid ETF Proposal with SEC Bitwise Asset Management has submitted a second amendment for its proposed spot Hyperliquid ETF to the U.S. Securities and Exchange Commission as of April 10. According to NS3.AI, the amendment outlines a 0.67% annual management fee and introduces Flowdesk and Wintermute as approved HYPE trading counterparties, while removing A1 from the list. Anchorage Digital Bank remains the custodian for the fund. The ETF is set to trade on NYSE Arca under the ticker BHYP, with plans to stake the majority of its HYPE holdings while maintaining a 30% liquidity reserve for redemptions. #Bitwise#AssetManagement#HyperliquidETF#SEC#Amendment#ManagementFee#Flowdesk#Wintermute#A1#AnchorageDigitalBank#NYSEArca#BHYP#HYPE#LiquidityReserve#Redemptions

🚀 Wintermute's Ron Hammond Estimates 30% Chance for CLARITY Bill Passage Ron Hammond, head of policy at Wintermute, has estimated a 30% likelihood that the CLARITY crypto market structure bill will be approved this year. According to NS3.AI, Hammond identified the primary challenge as opposition from the banking sector regarding stablecoins that offer interest. #Wintermute#RonHammond#CLARITYBill#crypto#stablecoins#bankingsector#policy

🚀 Wintermute Launches Yield Dashboard for Institutional Clients Wintermute has announced the launch of a Yield Dashboard on its institutional platform, NODE. According to Foresight News, this tool provides daily reference quotes for options strategies covering over 50 assets, with data sourced directly from Wintermute's OTC options desk. The dashboard allows users to explore strategies and adjust parameters electronically before requesting quotes, ensuring no information leakage. Wintermute highlights that this tool is particularly beneficial for institutional companies and token project teams holding positions in less liquid tokens. #Wintermute#YieldDashboard#InstitutionalClients#NODE#OptionsStrategies#OTCOptions#TokenProjects#LessLiquidTokens#ForesightNews