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21Shares Applies for Hyperliquid ETF as New Crypto Funds Hit Market
Yahoo Finance· 2025-10-29 20:22
Exchange-traded fund issuer 21Shares has applied for an exchange-traded fund tracking the token of the Hyperliquid decentralized exchange, according to a U.S. Securities and Exchange Commission filing on Wednesday.  The 21Shares Hyperliquid ETF would potentially become the second HYPE-focused ETF to trade on U.S. exchanges, following a proposal by Bitwise in September. The 21Shares product would use America's largest crypto exchange by trading volume, Coinbase, and digital asset trust company BitGo as custo ...