Grayscale has added a new member to its US ETF lineup. According to the latest registration records from the Delaware Department of Commerce, Grayscale completed the formal registration procedures for the HYPE ETF on January 8 this year. The registration document shows that the fund operates under a Statutory Trust structure, with registration number 10465863, with CSC DELAWARE TRUST COMPANY serving as the trust agent, and office located at 251 Little Falls Drive in Wilmington.
This move is quite significant. The launch of HYPE ETF further enriches the selection of compliant crypto investment tools in the United States, and marks Grayscale's continued deepening in multi-token ETF deployment. Grayscale has previously launched ETF products targeting mainstream tokens such as BNB, and the completion of HYPE ETF registration indicates that this established asset management institution is accelerating its adaptation to the changing market environment.
It is worth noting that the US regulatory approach to crypto ETFs is undergoing a notable shift. From the approval of spot Bitcoin ETFs to the successive emergence of more fund products targeting tokens such as Ethereum and BNB, these all reflect an increasing acceptance of crypto assets by the mainstream financial system. For ordinary investors, this means that the costs and barriers to participating in the crypto market through traditional financial channels are gradually lowering.
Of course, ETF approval is only surface-level; actual market recognition and capital attractiveness are the true measures of whether such products can ultimately succeed.
Grayscale has added a new member to its US ETF lineup. According to the latest registration records from the Delaware Department of Commerce, Grayscale completed the formal registration procedures for the HYPE ETF on January 8 this year. The registration document shows that the fund operates under a Statutory Trust structure, with registration number 10465863, with CSC DELAWARE TRUST COMPANY serving as the trust agent, and office located at 251 Little Falls Drive in Wilmington.
This move is quite significant. The launch of HYPE ETF further enriches the selection of compliant crypto investment tools in the United States, and marks Grayscale's continued deepening in multi-token ETF deployment. Grayscale has previously launched ETF products targeting mainstream tokens such as BNB, and the completion of HYPE ETF registration indicates that this established asset management institution is accelerating its adaptation to the changing market environment.
It is worth noting that the US regulatory approach to crypto ETFs is undergoing a notable shift. From the approval of spot Bitcoin ETFs to the successive emergence of more fund products targeting tokens such as Ethereum and BNB, these all reflect an increasing acceptance of crypto assets by the mainstream financial system. For ordinary investors, this means that the costs and barriers to participating in the crypto market through traditional financial channels are gradually lowering.
Of course, ETF approval is only surface-level; actual market recognition and capital attractiveness are the true measures of whether such products can ultimately succeed.