VanEck Program Application Hyperliquid Equity ETF and European ETP
Source: CoinWorld
Time: 2025-09-11 04:50:16
VanEck plans to apply for Hyperliquid spot pledge ETFs and European ETPs in the United States, aiming to expand the coverage of HYPE, which is currently not listed on major U.S. exchanges. The company may use some of its product’s net profits to buy back HYPE. Hyperliquid is a high-yield L1 blockchain that has attracted much attention for its strong performance and growing demand. VanEck’s application has nothing to do with Agora’s USDH stablecoin program, although both involve Hyperliquid. The regulatory approval timeline remains uncertain due to the backlog of cryptocurrency ETF applications.