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VanEck Plans Hyperliquid Staking ETF and European ETP: Here Is What Investors Should Know


by Michael Juanico
for BlockNews
VanEck Plans Hyperliquid Staking ETF and European ETP: Here Is What Investors Should Know
  • VanEck will file for a Hyperliquid staking ETF in the U.S. and an ETP in Europe.
  • Hyperliquid leads blockchain revenue rankings, boosting its ETF appeal.
  • Regulatory approval remains the main hurdle, though Europe is moving faster than the U.S.

VanEck is preparing to file for a Hyperliquid (HYPE) spot staking ETF in the U.S., alongside a European exchange-traded product, according to firm insiders who spoke with Blockworks. If approved, HYPE would become the youngest token to receive an ETF application from VanEck, which already manages funds for Bitcoin and Ethereum. The move underscores Hyperliquid’s rapid rise as a leading blockchain for perpetual futures trading since its 2023 launch.

Why Hyperliquid Stands Out

Hyperliquid has topped blockchain network revenue charts for four consecutive weeks, making it an attractive candidate for institutional-grade products. VanEck’s Kyle Dacruz suggested that a staking ETF could not only give U.S. investors exposure to HYPE but also incentivize major exchanges like Coinbase to list the token. The firm is also considering allocating part of product profits toward HYPE buybacks, a mechanism already core to Hyperliquid’s ecosystem.

Regulatory Outlook and Competition

In Europe, 21Shares already launched a Hyperliquid ETP in August, setting a precedent that VanEck looks to follow. In the U.S., however, the SEC remains cautious, still reviewing applications for larger assets such as XRP and Solana. VanEck has also filed for ETFs tied to AVAX, SOL, JitoSOL, and BNB, expanding its crypto lineup. Whether HYPE clears U.S. regulatory hurdles soon remains uncertain, but the filing would reinforce VanEck’s strategy of being first to market with emerging crypto ETFs.

The USDH Stablecoin Connection

The filing also comes as competition heats up over USDH, a stablecoin aligned with Hyperliquid. One key contender is Agora, co-founded by Nick van Eck, son of VanEck’s CEO Jan van Eck. While the family ties have drawn attention, VanEck executives stressed that the ETF filing is separate from Agora’s bid and does not depend on its success. Still, both moves highlight VanEck’s strong conviction that Hyperliquid is positioned for long-term growth in the crypto market.

The post VanEck Plans Hyperliquid Staking ETF and European ETP: Here Is What Investors Should Know first appeared on BlockNews.

Read the article at BlockNews

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VanEck Plans Hyperliquid Staking ETF and European ETP: Here Is What Investors Should Know


by Michael Juanico
for BlockNews
VanEck Plans Hyperliquid Staking ETF and European ETP: Here Is What Investors Should Know
  • VanEck will file for a Hyperliquid staking ETF in the U.S. and an ETP in Europe.
  • Hyperliquid leads blockchain revenue rankings, boosting its ETF appeal.
  • Regulatory approval remains the main hurdle, though Europe is moving faster than the U.S.

VanEck is preparing to file for a Hyperliquid (HYPE) spot staking ETF in the U.S., alongside a European exchange-traded product, according to firm insiders who spoke with Blockworks. If approved, HYPE would become the youngest token to receive an ETF application from VanEck, which already manages funds for Bitcoin and Ethereum. The move underscores Hyperliquid’s rapid rise as a leading blockchain for perpetual futures trading since its 2023 launch.

Why Hyperliquid Stands Out

Hyperliquid has topped blockchain network revenue charts for four consecutive weeks, making it an attractive candidate for institutional-grade products. VanEck’s Kyle Dacruz suggested that a staking ETF could not only give U.S. investors exposure to HYPE but also incentivize major exchanges like Coinbase to list the token. The firm is also considering allocating part of product profits toward HYPE buybacks, a mechanism already core to Hyperliquid’s ecosystem.

Regulatory Outlook and Competition

In Europe, 21Shares already launched a Hyperliquid ETP in August, setting a precedent that VanEck looks to follow. In the U.S., however, the SEC remains cautious, still reviewing applications for larger assets such as XRP and Solana. VanEck has also filed for ETFs tied to AVAX, SOL, JitoSOL, and BNB, expanding its crypto lineup. Whether HYPE clears U.S. regulatory hurdles soon remains uncertain, but the filing would reinforce VanEck’s strategy of being first to market with emerging crypto ETFs.

The USDH Stablecoin Connection

The filing also comes as competition heats up over USDH, a stablecoin aligned with Hyperliquid. One key contender is Agora, co-founded by Nick van Eck, son of VanEck’s CEO Jan van Eck. While the family ties have drawn attention, VanEck executives stressed that the ETF filing is separate from Agora’s bid and does not depend on its success. Still, both moves highlight VanEck’s strong conviction that Hyperliquid is positioned for long-term growth in the crypto market.

The post VanEck Plans Hyperliquid Staking ETF and European ETP: Here Is What Investors Should Know first appeared on BlockNews.

Read the article at BlockNews

Read More

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