Why a HYPE ETF Would Be a Break From Tradition

[chainsniff]

If approved, a Hyperliquid ETF would represent a major shift in Grayscale’s product philosophy. Historically, the firm has only launched ETFs or trusts for assets with long track records — often three to ten years old.

By contrast, HYPE is barely over a year old, making it the youngest asset Grayscale has ever considered for an ETF. Analysts see this as a signal that Grayscale is becoming more aggressive in backing early-stage infrastructure plays rather than waiting for full market maturity.

[tradelikepro]

feels like they’re racing to be early this time instead of safe