Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals
Published . Updated .
U.S. prosecutors allege two engineers used confidential Robinhood token listing data to front-run announcements using Hyperliquid perpetual futures.
Directly affected
- No company is named in this report.
Indirectly affected
- BHYP BITWISE HYPERLIQUID ETF COM SH
GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- COPY TWEEDY BROWNE INSIDER VALUE ETF
GA selected COPY as a RELATED security because its canonical security name directly matches this event's themes: insider. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GOP UNUSUAL WHALES SUBVERSIVE REPUBLICAN TRADING ETF
GA selected GOP as a RELATED security because its canonical security name directly matches this event's themes: trading. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- NANC UNUSUAL WHALES SUBVERSIVE DEMOCRATIC TRADING ETF
GA selected NANC as a RELATED security because its canonical security name directly matches this event's themes: trading. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- THYP 21SHARES HYPERLIQUID ETF SHS B
GA selected THYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
U.S. prosecutors allege two engineers used confidential Robinhood token listing data to front-run announcements using Hyperliquid perpetual futures.
Source: CoinDesk
Price since this story was published: Bitwise Hyperliquid ETF (BHYP)
Since the first closing price after “Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals,” Bitwise Hyperliquid ETF (BHYP) is -6.94%. The S&P 500 fund (SPY) is +0.52% over the same days, a -7.46% difference versus the market.
Who gains and who loses around Bitwise Hyperliquid ETF (BHYP)
Companies mentioned with this story
- BHYP Bitwise Hyperliquid ETF
For “Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals,” Bitwise Hyperliquid ETF (BHYP) is linked, with no stored direction, medium confidence. Reason on file: GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- COPY Tweedy Browne Insider Value Etf
For “Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals,” Tweedy Browne Insider Value Etf (COPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected COPY as a RELATED security because its canonical security name directly matches this event's themes: insider. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GOP Unusual Whales Subversive Republican Trading Etf
For “Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals,” Unusual Whales Subversive Republican Trading Etf (GOP) is linked, with no stored direction, medium confidence. Reason on file: GA selected GOP as a RELATED security because its canonical security name directly matches this event's themes: trading. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- NANC Unusual Whales Subversive Democratic Trading Etf
For “Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals,” Unusual Whales Subversive Democratic Trading Etf (NANC) is linked, with no stored direction, medium confidence. Reason on file: GA selected NANC as a RELATED security because its canonical security name directly matches this event's themes: trading. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- THYP 21Shares Hyperliquid Staking ETF
For “Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals,” 21Shares Hyperliquid Staking ETF (THYP) is linked, with no stored direction, medium confidence. Reason on file: GA selected THYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Bitwise Hyperliquid ETF (BHYP)
“Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals” (16 Sep 2026) reaches Bitwise Hyperliquid ETF (BHYP) through this story.
Bitwise Hyperliquid ETF (BHYP) is on the page because GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Tweedy Browne Insider Value Etf (COPY), is listed for a different reason: GA selected COPY as a RELATED security because its canonical security name directly matches this event's themes: insider. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the Bitwise Hyperliquid ETF (BHYP) price range
BHYP traded between 43.55 and 54.56 across 20 sessions. The latest close on file is 43.57. COPY traded between 15.16 and 15.72 across 20 sessions. The latest close on file is 15.54. GOP traded between 43.42 and 45.74 across 20 sessions. The latest close on file is 43.77.
What the saved facts support for Bitwise Hyperliquid ETF (BHYP)
40 out of 100
“Two Robinhood engineers charged with insider trading using Hyperliquid perpetuals” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.