📈 JUST IN: GRAYSCALE FILES S-1 FOR HYPE ETF AS HYPERLIQUID DOMINATES DEFI TRADING
Grayscale has filed with the SEC to launch a $HYPE token ETF, to be listed on Nasdaq under the ticker GHYP.
The move targets the booming Hyperliquid network, which now handles over $50 billion in weekly derivatives volume and pulls in $1.6 million in daily fee revenue.
HYPE has surged 57% year-to-date while $BTC dropped 20% and $ETH fell 28%. Bitwise and 21Shares have also filed for HYPE ETFs
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