Vault-13

BITWISE HYPERLIQUID ETF BHYP

COM SHS BEN INT · ETP · CUSIP 09175T106

23 institutional holders
1,091,2051.1m shares reported held*
$40.1mreported value*

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $36.74. Options: 3 managers hold calls ($327.3k notional), 1 hold puts ($80.9k).

Trends to Q2 2026

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $327.3kQ2 26 puts: $80.9kQ2 26P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$327.3k$80.9k0.25

Biggest buyers

OLP CAPITAL MANAGEMENT Ltd New +285,363+285.4k
BANK OF MONTREAL /CAN/ New +181,981+182.0k
UBS Group AG New +139,201+139.2k
Brevan Howard Capital Management LP New +92,500+92.5k
ALTFEST L J & CO INC New +70,615+70.6k
DISCOVERY CAPITAL MANAGEMENT, LLC / CT New +63,000+63.0k
JANE STREET GROUP, LLC New +62,921+62.9k
Balyasny Asset Management L.P. New +50,000+50.0k
BOOTHBAY FUND MANAGEMENT, LLC New +49,405+49.4k
PMC FIG Opportunities LLC New +25,595+25.6k

Biggest sellers

None

Biggest calls

CITADEL ADVISORS LLC New $235.4k6.4k shares
Belvedere Trading LLC New $88.3k2.4k shares
SIMPLEX TRADING, LLC New $3.7k100 shares

Biggest puts

Belvedere Trading LLC New $80.9k2.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OLP CAPITAL MANAGEMENT Ltd 2.62% of their portfolio CAUSEWAY BAY, K3 285,363285.4k $10.5m $10.5m 2.62% New
2 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 181,981182.0k $6.7m $6.7m 0.00% New
3 UBS Group AG 0.00% of their portfolio ZURICH, V8 139,201139.2k $5.1m $5.1m 0.00% New
4 Brevan Howard Capital Management LP 0.05% of their portfolio ST. HELIER, Y9 92,50092.5k $3.4m $3.4m 0.05% New
5 ALTFEST L J & CO INC 0.25% of their portfolio NEW YORK, NY 70,61570.6k $2.6m $2.6m 0.25% New
6 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.10% of their portfolio SOUTH NORWALK, CT 63,00063.0k $2.3m $2.3m 0.10% New
7 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 62,92162.9k $2.3m $2.3m 0.00% New
8 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 50,00050.0k $1.8m $1.8m 0.00% New
9 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 49,40549.4k $1.8m $1.8m 0.03% New
10 PMC FIG Opportunities LLC 1.51% of their portfolio JERUSALEM, L3 25,59525.6k $941.4k $941.4k 1.51% New
11 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 18,43018.4k $677.9k $677.9k 0.00% New
12 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,95010.9k $402.0k $402.0k 0.00% New
13 Belvedere Trading LLC 0.03% of their portfolio CHICAGO, IL 8,5178.5k $313.3k $313.3k 0.03% New
14 MSH Capital Advisors LLC 0.05% of their portfolio SCOTTSDALE, AZ 7,9838.0k $293.6k $293.6k 0.05% New
15 Ninepoint Partners LP 0.02% of their portfolio TORONTO, A6 7,3407.3k $270.0k $270.0k 0.02% New
16 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 6,5606.6k $241.3k $241.3k 0.00% New
17 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 5,7985.8k $213.2k $213.2k 0.01% New
18 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 2,0862.1k $76.7k $76.7k 0.00% New
19 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 1,9752.0k $72.6k $72.6k 0.00% New
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 600600 $22.0k $22.0k 0.00% New
21 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 250250 $9.2k $9.2k 0.00% New
22 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 105105 $3.9k $3.9k 0.00% First filing
23 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3030 $1.1k $1.1k 0.00% New