SEC Receives 21Shares $HYPE ETF Filing

21Shares Files S-1 for Hyperliquid $HYPE ETF

• 21Shares has submitted an S-1 filing to the SEC for a Hyperliquid (HYPE) ETF, expanding its crypto ETF product line.
• Hyperliquid operates a decentralized platform specializing in on-chain crypto derivatives trading.
• The platform uses HYPE as its native token for a decentralized exchange focused on perpetual futures and derivatives.
• Multiple asset managers, including VanEck and Bitwise, are pursuing HYPE-related ETFs to integrate the token into traditional investment vehicles.

21Shares has filed with the SEC to introduce a Hyperliquid (HYPE) ETF, marking a significant step in expanding its crypto ETF offerings. The decentralized Hyperliquid platform, which uses HYPE as its native token, is gaining interest from asset managers aiming to incorporate it into traditional investment products.