Grayscale etf Expands With BNB and HYPE Trusts in Delaware
The post Grayscale etf Expands With BNB and HYPE Trusts in Delaware appeared on BitcoinEthereumNews.com.
In a fresh step to broaden its crypto product range, Grayscale ETF plans now extend to BNB and Hyperliquid following new trust registrations in Delaware. Grayscale files new BNB and Hyperliquid trusts in Delaware Digital asset manager Grayscale, which oversees roughly $35 billion in assets, has initiated plans for new exchange-traded funds tied to BNB and Hyperliquid‘s HYPE token. The company recently filed statutory trusts for both products with the Delaware Division of Corporations, a key step that typically precedes a formal ETF application to the US Securities and Exchange Commission (SEC). According to the official Delaware state records, Grayscale registered the new entities on January 8. The Grayscale BNB Trust is listed under file number 10465871, while the Grayscale HYPE Trust carries file number 10465863. Moreover, these registrations suggest a growing focus on expanding the firm’s crypto ETF range beyond the largest market-cap assets. Next steps with the SEC and evolving ETF framework Grayscale’s likely next move is to submit a registration statement, specifically an S-1, to the SEC. This sec s-1 registration would detail the prospective ETF’s structure, investment strategy, risk disclosures, and compliance framework. However, the timeline for any review or potential approval remains uncertain, given the regulator’s cautious stance toward digital asset products. Regulatory conditions for crypto ETF approvals have shifted in recent months. Notably, the SEC’s approval of generic listing standards for crypto-based exchange-traded products has eliminated the need for asset-specific Section 19(b) rule change filings in many cases. As a result, the listing process for qualifying crypto ETFs can be more streamlined, although each product still faces thorough scrutiny. Grayscale and VanEck compete on BNB and Hyperliquid products With these trusts, Grayscale now enters direct competition with VanEck, the $181.4 billion global investment manager. VanEck has already filed for a spot BNB ETF, having…
Filed under: News - @ January 9, 2026 9:25 am