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Grayscale Files for HYPE ETF, Hyperliquid Surges

Published 1 week, 5 days ago
Description

Grayscale, Bitwise, and twenty-one Shares aim to launch HYPE ETFs, tracking Hyperliquids token. The proposed GHYP fund by Grayscale would trade on Nasdaq, potentially offering staking. Hyperliquids platform, focusing on perpetual futures and spot trading, has seen exploding volumes, with revenue surpassing that of Bitcoin. Investors predict HYPE could reach $150, driven by platform growth and strong token economics.

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