Grayscale files S-1 for spot Hyperliquid ETF

Cryptocurrency asset manager Grayscale has filed an S-1 registration form with the U.S. Securities and Exchange Commission (SEC) for a spot Hyperliquid (HYPE) ETF, Cointelegraph reported. The proposed ticker is "GHYP," with Coinbase designated as the custodian. Bitwise and 21Shares have previously submitted applications for HYPE ETFs.