21Shares Files Amended SEC Application for Hyperliquid ETF, Ticker Set as THYP

Source
Suehyeon Lee

Summary

  • 21Shares said it submitted amended paperwork to the US Securities and Exchange Commission (SEC) as it seeks to launch an exchange-traded fund (ETF) based on Hyperliquid (HYPE).
  • The ETF's ticker was identified as 'THYP,' and details including fees have not yet been disclosed.
  • James Seyffart said the amendment likely reflects feedback from the SEC, indicating that the listing process for a Hyperliquid ETF in the US market is gradually advancing.

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Photo: James Seyffart
Photo: James Seyffart

21Shares has taken another step toward launching an exchange-traded fund tied to Hyperliquid's HYPE token.

Bloomberg ETF analyst James Seyffart said on July 14 that 21Shares had filed amended paperwork with the US Securities and Exchange Commission for the proposed Hyperliquid ETF.

The fund's ticker is THYP. Details such as fees have not been disclosed.

Seyffart said the amendment likely reflects feedback and comments from the SEC. The filing suggests the process for listing a Hyperliquid ETF in the US is moving forward.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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