Grayscale Files for Hyperliquid ETF Amid Rising Institutional Interest

[cryptohog]

Grayscale has filed for a spot ETF tied to Hyperliquid, aiming to track the price of the HYPE token. The proposed fund, which would trade under the ticker GHYP on Nasdaq, marks another step toward expanding institutional access to emerging crypto ecosystems.

The filing places Grayscale alongside competitors like Bitwise and 21Shares, both of which have already moved to launch similar products. If approved, the ETF would use Coinbase as custodian, reflecting growing integration between traditional finance and crypto infrastructure.

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An ETF for a token most people just heard about yesterday

[Suzukispeedtest]

ETF tied to Hyperliquid