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VanEck Program Application Hyperliquid Spot Pledge ETF

Source: Htx
Huobi HTX reported that according to market news, VanEck plans to apply for Hyperliquid spot pledge ETF in the United States and launch related trading products in Europe. Hyperliquid is the Layer-1 blockchain launched in 2023, and its online revenue has been the top for four consecutive weeks recently. VanEck said that the product's net profit may be used in part to repurchase HYPE tokens, which is not currently available on mainstream exchanges in the United States. The ETF and ETP products still require regulatory approval.
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