Grayscale Investments filed Amendment No. 2 to its S-1 form with the U.S. Securities and Exchange Commission (SEC), formally advancing its proposed ETF on Hyperliquid. The product, named the Grayscale HYPE ETF, seeks to offer direct exposure to the HYPE token without requiring investors to self-custody the asset, under a structure similar to that of spot Bitcoin and Ethereum ETFs.
One of the most significant changes introduced by the amendment is the addition of staking clauses. The firm would allow the fund to generate returns from staking its HYPE holdings, provided regulators approve that structure. The company even suggested the product could eventually be renamed the Grayscale Hyperliquid Staking ETF.
Hyperliquid has gained traction as an institutional asset. According to Grayscale’s own filings, as of March 31, 2026, HYPE ranked among the ten largest digital assets by market capitalization, with a daily trading volume exceeding $230 million. On the operational side, Anchorage Digital Bank replaced Coinbase as custodian, while BNY Mellon continues to handle administrative functions.
Source: https://www.sec.gov/Archives/edgar/data/2107730/000119312526215888/hype_s-1_amendment_2.htm
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions
