Grayscale submits application to list Grayscale HYPE ETF, planned trading ticker GHYP on Nasdaq Grayscale has submitted an application to list the Grayscale $HYPE ETF, an exchange-traded fund that will track the Hyperliquid native token HYPE. According to the S-1 filing submitted on Friday, if approved, the fund will be listed on Nasdaq under the ticker symbol GHYP and will use Coinbase Custody as custodian and CoinDesk's Benchmark pricing data. The filing also states that $HYPE staking is currently prohibited, but there are "staking conditions" that may be met in the future. In addition, Grayscale is not the first institution to submit an application for a HYPE-related fund; 21Shares and Bitwise submitted similar applications at the end of last year. Source: [The Block]