Exotic ETF Filings Surge Amid U.S. Shutdown

[cryptoenthusiast]

ETF providers are rushing to file new crypto products despite the 17-day U.S. government shutdown freezing decision-making.

21Shares submitted plans for a 2x leveraged Hyperliquid (HYPE) ETF, offering amplified exposure to the token’s single-day performance. Bloomberg’s Eric Balchunas called it “so niche… but in 3-4 years it could have billions.”

VanEck also updated its filing for a Solana Staking ETF with a 0.3% fee, while Volatility Shares proposed 3x and 5x leveraged ETFs tied to crypto and U.S. equities.

“This is a total land rush right now,” Balchunas noted of the flood of filings.

[EmTeam]

Despite the shutdown, ETF activity rising shows investor confidence in crypto-based instruments hasn’t faded.

[jacson4]

Regulatory hurdles won’t slow innovation. These filings prove market demand is strong and growing.