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Step 1
Preheat oven to 425°F. Melt butter in a large skillet over medium-high. Add cracker crumbs and breadcrumbs; stir to coat crumbs. Remove from heat. Spread half of the crumb mixture over bottom of a small shallow baking dish. Drain oysters, reserving liquor; arrange oysters in a single layer over crumb mixture. Sprinkle evenly with salt.
Step 2
Stir together cream, hot sauce, and 2 tablespoons of the reserved oyster liquor in a small bowl until combined. Drizzle over oysters in baking dish. Sprinkle evenly with remaining crumb mixture. Bake in preheated oven until golden brown and heated through, about 20 minutes.