21Shares submits S-1 filing for Hyperliquid ETF to the SEC

According to Jinse Finance, official documents show that 21Shares US LLC has submitted an S-1 registration statement for the "21Shares Hyperliquid ETF." This ETF aims to track the USD price performance and staking yield of the Hyperliquid network's native token HYPE, reflecting the overall return after deducting relevant fees. The fund is structured as a Delaware statutory trust, with custodians including a certain exchange and BitGo Trust.