21Shares files S-1 for Hyperliquid $HYPE ETF
Crypto Briefing
21Shares filed an S-1 with the SEC for a Hyperliquid $HYPE ETF, expanding its crypto product line.Summary
Crypto investment product provider 21Shares has submitted an S-1 registration form to the U.S. Securities and Exchange Commission (SEC) for a Hyperliquid $HYPE ETF. This filing aims to register securities for public sale, continuing the trend of integrating decentralized finance (DeFi) assets into regulated investment products. Hyperliquid is a decentralized platform focused on on-chain crypto derivatives trading, utilizing HYPE as its native token. This move by 21Shares aligns with broader industry interest, as other asset managers, including VanEck and Bitwise, are also pursuing HYPE-related ETF proposals to bring this token into traditional investment vehicles.
(Source：Crypto Briefing)