0001213900-25-121386 Sample Contracts

FUND ADMINISTRATION AND ACCOUNTING AGREEMENT
Fund Administration and Accounting Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made as of October 31 2025 by and between Bitwise Hyperliquid ETF (hereinafter the “Trust”), a Delaware Statutory Trust, having its principal office and place of business at 250 Montgomery Street, Suite 200, San Francisco, CA 94104, Bitwise Investment Advisers, LLC, a Delaware limited liability company in its capacity as sponsor of the Trust and The Bank of New York Mellon, a New York corporation authorized to do a banking business (“BNY Mellon”).

SPONSOR AGREEMENT
Sponsor Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • Delaware

THIS SPONSOR AGREEMENT (the “Agreement”), dated as of December 9, 2025, is made by and between Bitwise Investment Advisers, LLC, a Delaware limited liability company (“Sponsor”), and Bitwise Hyperliquid ETF, a statutory trust organized under the laws of Delaware (the “Trust”).

AMENDMENT TO FINANCIAL PRODUCTS LICENSE AGREEMENT
Financial Products License Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers

This Amendment is entered into as of December 12, 2025, by and between CF Benchmarks Ltd (“Licensor”), Bitwise Investment Advisers, LLC, (“BIA”) and Bitwise Investment Manager, LLC (“BIM”) (each, a “Licensee” and together, the “Licensees”).

TRANSFER AGENCY AND SERVICE AGREEMENT
Transfer Agency and Service Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers

THIS AGREEMENT is made as of the 31 day of October, 2025, by and between Bitwise Hyperliquid ETF (hereinafter the “Trust”), a Delaware statutory trust having its principal office and place of business at 250 Montgomery Street, Suite 200, San Francisco, CA 94104, Bitwise Investment Advisers, LLC, a Delaware limited liability company in its capacity as sponsor of the Trust and THE BANK OF NEW YORK MELLON, a New York corporation authorized to do a banking business having its principal office and place of business at 240 Greenwich Street, New York, New York 10286 (the “Bank”).

ATTESTANT STAKING MASTER SERVICES AGREEMENT
Master Services Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers
MASTER PURCHASE AND SALE AGREEMENT
Master Purchase and Sale Agreement for Digital Assets • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • New York

This MASTER PURCHASE AND SALE AGREEMENT FOR DIGITAL ASSETS (this “Agreement”), is made and entered into as of this [●] day of [●], 2025, by and between [●], a [●] (“Liquidity Provider”) and Bitwise Investment Advisers, LLC, a limited liability company registered in Delaware (the “Sponsor”), for and on behalf of the Bitwise Hyperliquid ETF (“Counterparty”, and together with Liquidity Provider, the “Parties”).

This Financial Product License Agreement (the Agreement) is dated July 12, 2023.
Financial Product License Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • Delaware
AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • New York
CUSTODY AGREEMENT
Custody Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • New York

This Custody Agreement is made and entered into as of the latest date set forth on the signature page hereto (the “Effective Date”) by and between THE BANK OF NEW YORK MELLON, a New York state chartered bank (“BNY”), and BITWISE HYPERLIQUID ETF, a Delaware Statutory Trust (“Customer”) and Bitwise Investment Advisers, LLC, a Delaware limited liability company in its capacity as sponsor of the Customer. BNY and Customer are collectively referred to as the “Parties” and individually as a “Party”.

MARKETING AGENT AGREEMENT
Marketing Agent Agreement • December 15th, 2025 • Bitwise Hyperliquid ETF • Commodity contracts brokers & dealers • Delaware

THIS AGREEMENT is made and entered into as of December 4th, 2025, by and between Bitwise Hyperliquid ETF, a Delaware statutory trust (the “Trust”), which is sponsored by Bitwise Investment Advisers, LLC, a Delaware limited liability company (the “Sponsor”), and Foreside Fund Services, LLC, a Delaware limited liability company (“ACA Foreside”).