X @BSCN

VanEck's ETF/ETP Plans - VanEck is preparing to file for a Hyperliquid (HYPE) spot staking ETF in the US and an ETP in Europe [1] - If approved, HYPE would become the youngest token to earn an ETF filing from the firm [1] - VanEck is weighing buybacks tied to ETF profits, mirroring Hyperliquid's model [3] - VanEck has also filed for ETFs tied to AVAX, SOL, JitoSOL, and BNB [4] Market Demand and Exchange Listings - "Plenty of demand" exists for Hyperliquid, yet it is not listed on major US exchanges [2] - An ETF could give investors access while nudging exchanges toward listings [2] Hyperliquid's Performance - Hyperliquid is a layer-1 blockchain running a popular perpetual futures exchange, launched in 2023 [3] - Hyperliquid has led all blockchains in revenue for four straight weeks [3] - The platform currently buys back nearly all revenue in HYPE tokens [3] - HYPE recently hit an all-time high of $55, placing it in the top 15 digital assets [4] Regulatory Landscape and Competition - The SEC faces a crowded slate of crypto ETF applications, including XRP and Solana [4] - Europe has moved faster—21Shares listed a Hyperliquid ETP in August [4]