Grayscale Files $8.6B HYPE ETF (GHYP)
Key Takeaways:Grayscale Moves to Launch HYPE ETFHow the ETF Structure WorksExposure Without Direct OwnershipHYPE Token and Hyperliquid Growth
HYPE is the currency of the Hyperliquid network, the decentralized and high-performance blockchain that is all about trading. By late 2025 the token was back: Hyperliquid has attracted users as a dominant perpetual future, and lightning-fast execution and low latency. Its trading design enables you to continue trading 24/7 in line with the requirement of 24/7 markets. It happens at a time when institutional players seek regulated means by which they can access this space without directly interacting with DeFi protocols. Grayscale’s move follows similar filings from other asset managers exploring HYPE-based products.
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