ChainCatcher report, according to The Block, Grayscale has filed an S-1 application with the U.S. SEC to launch the Grayscale HYPE ETF (ticker: GHYP), which aims to track the spot price of the Hyperliquid (HYPE) token and is planned to be listed on Nasdaq, with custody provided by Coinbase Custody. The current filing explicitly states that HYPE staking functionality is not currently available, but reserves the possibility of introducing staking in the future if certain conditions are met.
Grayscale Submits S-1 Application for HYPE ETF, No Staking Function at This Time
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Summary
Grayscale has filed an S-1 application with the U.S. SEC for its HYPE ETF (GHYP), which tracks the spot price of Hyperliquid’s HYPE token. The ETF announcement coincides with the company’s pursuit of a Nasdaq listing, with Coinbase Custody serving as custodian. The filing states that staking is not currently available, though it remains a potential feature under future conditions. ETF-related news continues to attract market attention, with developments surrounding Bitcoin ETFs also dominating headlines.
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