Grayscale Submits Revised Application for HYPE Spot ETF, Third ETF Launch Imminent

Third Revision of HYPE Spot ETF Submitted

On May 23, Bloomberg ETF expert James Seyfert revealed in an X post that Grayscale has submitted a third revision for its HyperLiquid (HYPE) spot ETF application. Seyfert commented, 'The prospect of seeing three HYPE spot ETFs lined up on U.S. exchanges seems increasingly likely.'

In January 2026, Grayscale established the Grayscale HYPE Trust in Delaware...