Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops

Crypto Insight Summary: The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Regulatory clarity could benefit the market but immediate impact is limited.