Grayscale picks Anchorage Digital as custodian for HYPE ETF

Digital asset manager Grayscale has selected Anchorage Digital as the custodian for its HYPE ETF, choosing the firm over Coinbase, The Block reported. The change was disclosed in an updated filing for the ETF. The decision is considered unusual, as Coinbase Custody currently serves as the custodian for nearly all spot Bitcoin ETFs trading in the U.S.