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.
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