VanEck to apply for Hyperliquid (HYPE) staking ETF in the U.S.

Suehyeon Lee

Summary

Global asset manager VanEck said it plans to apply for a Hyperliquid (HYPE) staking ETF in the U.S.
The ETF is said to aim to provide U.S. investors with access to Hyperliquid.
It said that, if the ETF is approved, it could promote token listings on exchanges.

Global asset manager VanEck is reportedly planning to apply for a Hyperliquid (HYPE) staking exchange-traded fund (ETF) in the U.S.

On the 11th (local time), according to UBlockchain, VanEck is applying for a Hyperliquid spot staking ETF in the U.S., and is also preparing to launch a Hyperliquid exchange-traded product (ETP) in Europe.

This ETF aims to provide U.S. investors with access to Hyperliquid, and it is expected that, if approved, it could encourage exchanges to list the token.

Meanwhile, Jan van Eck, VanEck CEO, said on the 9th via X, "I was deeply impressed by Hyperliquid's products, technology, and decentralized governance," expressing interest in the Hyperliquid ecosystem.

HYPE