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21Shares applies for HYPE Token ETF to track price and stake returns.
[Chain News] PANews reported that documents from the U.S. Securities and Exchange Commission (SEC) show that 21Shares US LLC has submitted an S-1 registration statement for the “21Shares Hyperliquid ETF.” This ETF aims to track the dollar price performance and staking yield of the Hyperliquid network's native Token HYPE, reflecting overall returns after deducting related fees. The fund structure is in the form of a Delaware statutory trust, with custodians including a certain trading platform and a certain trust company.