21Shares Pursues SEC Approval for Hyperliquid (HYPE) ETF as Altcoin ETFs Gain Momentum

Swiss asset manager 21Shares has applied to the U.S. SEC to launch a Hyperliquid (HYPE) ETF, signaling increasing institutional interest in altcoin-focused investment products. The ETF will track the HYPE token, native to the Hyperliquid perpetual futures platform, offering investors exposure to this fast-growing decentralized trading ecosystem. This filing follows similar moves by Bitwise and other firms as Wall Street expands its altcoin ETF offerings in 2025, including Solana, Litecoin, and Hedera ETFs. Meanwhile, spot Bitcoin ETFs recently experienced notable outflows amid Bitcoin price fluctuations, highlighting shifting investor preferences between altcoins and Bitcoin-based vehicles. Continue to read 21Shares Pursues SEC Approval for Hyperliquid (HYPE) ETF as Altcoin ETFs Gain Momentum

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