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21Shares files for a Hype token ETF amid booming crypto ETF demand
21Shares filed to launch an ETF tracking the Hype token, reflecting expanding productisation in the crypto-ETF market.
Digital-asset manager 21Shares filed for regulatory approval to launch a passive exchange-traded fund tracking the Hype token, adding to a recent wave of crypto-ETF filings. The move follows record inflows into crypto ETFs and broad institutional interest in tokenised exposures. Asset managers are racing to provide regulated, exchange-listed vehicles for diverse crypto assets; the filing signals growing productisation beyond bitcoin and ether as ETFs democratise access for conventional investors.