Vaneck presents before the SEC Application for ETF Hyperliquid (Hype) with Staking Option

Vaneck He presented to the North American Securities regulatory entity a proposal for an ETF Hyperliquid (Hype) With the possibility of staking, seeking to offer regulated exhibition to retail and institutional investors.

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• Vaneck Plan ETF Hyperliquid with Staking in the US.
• Hype It rises 20.7% and reaches USD $ 54.45 driven by the news.
• Signature prepares parallel launches in Europe against more flexible regulatory frameworks.

Vaneck, The fund managing company submitted an application before the US stock and securities commission (sec) To list an investment product based on Token Hyperliquid (Hype), incorporating standking benefits for your investors. The initiative seeks to offer retail and institutional participants regulated access to cryptocurrency and share the rewards generated by their participation in the network.

In addition to this announcement reviewed by various media, the firm also indicated that it plans to launch two ETFs linked to Hyperliquid In Europe, taking advantage of the least restrictive regulations of the region. This strategy reflects the growing competence around financial products based on digital assets and the interest in offering alternatives with advanced characteristics such as staffing.

Strategy of Vaneck In digital assets

Matt Maximo, senior analyst of digital assets in Vaneck, He explained that Hyperliquid It is part of a broader strategy of liquid funds based on digital assets. He stressed that sustained growth and increased volume of operations justified the selection of Hype For this ETF with a staking focus.

Kyle Dacruz, Director of Digital Assets Products in Vaneck, He pointed out that the demand for regulated access to Hype In the US, it is increasing. An ETF would provide that exposure while allowing participants to obtain staking rewards.

Regulatory framework and background

Until now, the North American Securities Regulatory Entity has not approved any ETF with a staking option, including those based on Ethereum. However, an update of the regulations is expected SK and SX For cryptocurrencies, which will reduce the revision times of 240 days to approximately 95 days, which could accelerate the process of approval of pending applications.

Vaneck He already has experience in this type of products: he presented ETFs linked to Ethereum, Solana and other assets, In addition to notes quoted with staking in Europe since 2024. The firm also presented to the regulatory entity a form S-1 For an ETF Avalanche

European expansion and competition in defi

The interest of Vaneck In Europe follow the example of 21Shares, that in August he listed ethfs of Hyperliquid In the region. This strategy seeks to position the firm in a market that acts as a laboratory for future implementations in the US.

In parallel, Hyperliquid He has been the protagonist of a competitive ecosystem. According to Cryptopolitan, The Token recently reached a historical maxim close to USD $ 55 and was among the fifteen larger cryptocurrencies per capitalization. This rebound is attributed to the dispute between entities such as Paxos, Frax, Agora and Ethena To launch the stablecoin USDH native of Hyperliquid.

The introduction of USDH seeks to increase the liquidity of the sector DEFI of Hype, which currently manages more than USD $ 5,000 million in deposits of USDC These movements reinforce the attractiveness of Token and could support the proposal of Vaneck For your ETF with Staking Benefits.

Token hype context and its growth

As to Hype, Its price increased by 20.7% in the last week, located at USD $ 54.45, although with a 0.5% drop in the last 24 hours. According to Coinmarketcap, Its volume of trade in 24 hours reached USD $ 543.4 million, an increase of 54.76%, and its market capitalization is USD $ 18.7 billion. Besides, Hyperliquid expand your footprint in DEFI with an FDV value of USD $ 54,770 million.

Hype It is already available on platforms such as Bitget, Kucoin and Bybit. However, Coinbase and Binance They have not yet confirmed their list. This context reinforces the relevance of the announcement of Vaneck, given the growth of Token and its ecosystem DEFI.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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