The post 21Shares Files for Hyperliquid ETF, HYPE Price Sees 40% Weekly Gain appeared on BitcoinEthereumNews.com.

Crypto investment firm 21Shares filed an S-1 form on Wednesday, with the U.S. Securities and Exchange Commission (SEC) for a Hyperliquid ETF. HYPE price jumped more than 2% in the last 24 hours, extending the weekly rally to 40%. The latest upside momentum is supported by multiple developments, including listing on Robinhood. 21Shares Files for Hyperliquid ETF According to the latest US SEC filing on October 29, crypto firm 21Shares submitted Form S-1 for seeking regulatory approval for Hyperliquid ETF. This follows a registration of the ETF in Delaware. 21Shares Hyperliquid ETF S-1 Filing Source: US SEC As per the filing, the ETF is a passive investment vehicle that will generate returns only by tracking the spot price of HYPE. This means the sponsor will not sell HYPE at highs or acquire HYPE at low prices in the expectation of future price increases. Also, the 21Shares Hyperliquid ETF will not utilize leverage, derivatives, or any similar arrangements when meeting its investment objective. 21Shares US LLC is the sponsor, CSC Delaware Trust Company is the trustee of the Trust, and Coinbase Custody and BitGo Trust are the custodians. 21Shares Awaits Decision on 2x Leveraged HYPE ETF 21Shares earlier filed for a 2x leveraged HYPE ETF with the U.S SEC this October. This followed HYPE ETF filings by other issuers such as Bitwise and VanEck. Bloomberg ETF analyst Eric Balchunas quoted the 21Shares filing as “so niche it might just win.” He highlighted the massive surge in thematic ETFs to the early booms in smart beta and currency-hedged products. If approved, it would become the first U.S.-listed leveraged ETF to track a live DeFi protocol’s fee and perpetual market performance. As The Coin Republic reported earlier, VanEck filed for a spot HYPE ETF in the U.S. and an ETP in Europe. VanEck CEO…

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Filed under: News - @ October 29, 2025 2:29 pm