VanEck Launches $HYPE ETF & ETP

The post VanEck Launches $HYPE ETF & ETP appeared first on Coinpedia Fintech News

VanEck plans to file for a Hyperliquid (HYPE) spot staking ETF in the U.S. and launch an exchange-traded product (ETP) in Europe. The ETF will give U.S. investors easier access to HYPE and may encourage major exchanges to list the token. Additionally, VanEck is considering using part of the fund’s profits to buy back HYPE tokens, supporting its value. The filings are part of VanEck’s focus on fast-growing crypto assets and await regulatory approval.