VanEck Pushes for Staked Hyperliquid ETF in US, Expects HYPE Coinbase Listing Soon
The post VanEck Pushes for Staked Hyperliquid ETF in US, Expects HYPE Coinbase Listing Soon appeared on BitcoinEthereumNews.com.
Sources familiar with the matter said that digital asset manager VanEck is reportedly filing for a spot staking Hyperliquid ETF in the US. The asset manager will also launch an equivalent HYPE exchange-traded product (ETP) in Europe. VanEck executives believe that an ETF launch could lead to the Coinbase listing of native cryptocurrency HYPE. The HYPE price has been on a strong rally with 23% weekly gains, and currently trades at $56. VanEck to Pursue Hyperliquid ETF With Staking Facility Crypto asset manager VanEck is looking to pursue a Hyperliquid ETF with a staking yield facility. The asset manager is betting big on Hyperliquid’s growth as the decentralized exchange proceeds to bring its native stablecoin USDH, into the market. Matt Maximo, the VanEck senior digital assets investment analyst, said that Hyperliquid remains a key focus this year for the firm’s liquid fund. Kyle Dacruz, director of digital assets products at VanEck, noted that the firm is weighing the option of allocating a portion of its investment products’ net profits toward HYPE buybacks. Currently, Hyperliquid conducts buybacks equal to nearly all of its platform revenue. The entire executive team at VanEck has been putting greater focus Hyperliquid, as the decentralized exchange has been challenging giants like Binance, in crypto derivatives trade. VanEck CEO Jan van Eck recently praised the DEX’s technology and decentralized governance. Hyperliquid has swiftly executed billions of dollars’ worth of trades, with minimal to no hiccups, thereby winning the trust of investors. As per the data by Blockworks Research, Hyperliquid leads all other blockchains in terms of network revenue for nearly four consecutive weeks. Source: Blockworks Research HYPE Could See A Coinbase Listing Soon VanEck executive Kyle Dacruz added that his firm finds Hyperliquid ETF essential amid “plenty of demand.” He noted that a HYPE staking ETF could…
Filed under: News - @ September 11, 2025 6:31 am