VanEck plans to apply for a Hyperliquid Spot staking ETF and ETP

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According to reports on September 11, 【区块律动】 VanEck plans to apply for a Hyperliquid Spot Stake ETF in the United States and apply for a trading platform product (ETP) in Europe.

VanEck's Senior Investment Analyst for Digital Assets, Matt Maximo, stated that Hyperliquid has been a major focus of the company's liquidity fund this year. Kyle Dacruz, Director of Digital Asset Products at VanEck, added that the company is considering allocating a portion of the net profits from investment products to HYPE buybacks. Currently, Hyperliquid has allocated almost all of its platform revenue to HYPE buybacks.

As for when VanEck's HYPE ETF application will take effect, the two did not comment. The company's spokesperson also did not immediately respond to the request for comment.

HYPE2.43%
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GateUser-e51e87c7vip
· 19h ago
Is the ETF involved in this?
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ContractExplorervip
· 23h ago
Are we going to take advantage of this wave again?
View OriginalReply0
RiddleMastervip
· 23h ago
Is this all the hype? It's just average.
View OriginalReply0
CoffeeOnChainvip
· 23h ago
Another Token play people for suckers
View OriginalReply0
MetaMisfitvip
· 23h ago
Another project trying to ride the wave, haha
View OriginalReply0
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