Grayscale Investments has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission to launch an exchange-traded fund centered on the HYPE token, the native cryptocurrency of the fast-growing Hyperliquid network. If approved, the fund would trade on Nasdaq under the ticker symbol GHYP, positioning Grayscale alongside other asset managers racing to capitalize on Hyperliquids rising dominance in decentralized finance.
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