VanEck Files for Hyperliquid (HYPE) Spot Staking ETF and Launches European ETP
VanEck is making strategic moves to capitalize on the growing demand for crypto exposure. The asset manager has announced plans to file for a Hyperliquid (HYPE) spot staking ETF in the U.S. while simultaneously launching an exchange-traded product (ETP) in Europe. This dual-pronged approach aims to bridge institutional and retail access across key markets.
The proposed U.S. ETF could serve as a catalyst for broader HYPE adoption. By providing regulated exposure, it may incentivize major exchanges to list the token—potentially unlocking liquidity and price discovery. VanEck's innovative profit-sharing mechanism, which earmarks a portion of fund proceeds for token buybacks, introduces a reflexive value-support mechanism rarely seen in traditional finance.
