21Shares Seeks SEC Approval for Hyperliquid ETF Amid Surging Altcoin ETF Interest

Asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Hyperliquid’s native token, HYPE. The new filing joins a growing wave of altcoin ETF applications in 2025, showing the increasing institutional demand for regulated cryptocurrency exposure. 21Shares Expands Crypto ETF Lineup With New Hyperliquid Fund 21Shares submitted its S-1 registration statement for the 21Shares Hyperliquid ETF on October 29. The ETF is designed to track HYPE’s price without engaging in speculative trading or using leverage or derivatives source: https://beincrypto.com/21shares-files-hype-etf-amid-altcoin-etf-boom/