ChainCatcher report: According to market sources, Grayscale has submitted an amended application to the U.S. Securities and Exchange Commission (SEC) for the Hyperliquid ETF, replacing Coinbase with Anchorage Digital Bank as the fund’s custodian. Anchorage is the first federally chartered crypto bank in the U.S. and has recently expanded rapidly into stablecoins, wealth management, and token lifecycle services, becoming the first U.S.-based institution to support Tron. If approved, the ETF will trade on Nasdaq under the ticker symbol "GHYP," though staking functionality remains subject to regulatory approval.
Grayscale Submits Revised Hyperliquid ETF Application with Anchorage as Custodian
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Summary
Grayscale has filed a revised Hyperliquid ETF application with the SEC, now naming Anchorage Digital Bank as the custodian instead of Coinbase. Anchorage, a U.S. federally chartered crypto bank, has recently expanded into CFTC compliance, stablecoins, and token lifecycle management. If approved, the ETF will trade on Nasdaq under the ticker 'GHYP' and may include staking features, subject to regulatory approval. This move comes amid ongoing discussions regarding Bitcoin ETF approvals.
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