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21Shares seeks approval for Hype token ETF expanding regulated crypto exposure
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21Shares filed for a Hype token ETF, highlighting institutional interest in structured crypto exposure and growing acceptance of blockchain-based investment vehicles.
Swiss-based issuer 21Shares submitted a filing to launch an exchange-traded fund tracking Hype token performance, underscoring institutional appetite for diversified digital-asset products. The proposal would allow investors to gain indirect exposure to HYPE without managing wallets. Analysts said the filing aligns with rising acceptance of blockchain-linked funds following earlier Bitcoin and Ethereum ETF approvals. If cleared, the product could debut on European exchanges by early 2026. Market observers view the move as another milestone toward broader regulated crypto investment access.