Bitwise launches first Lighter ETP amid Hyperliquid rivalry
60-second summary
Bitwise launches Europe’s first Lighter ETP, giving investors direct brokerage exposure to the LIT token and expanding its suite of products linked to decentralized derivatives platforms; the move follows Hyperliquid’s rival offerings and signals growing institutional interest in tokenized futures, likely boosting LIT’s liquidity and prompting broader market adoption of crypto‑linked exchange‑traded products.
The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms.