The two products track HYPE performance through spot exposure and leveraged strategy amid differing regulatory frameworks.
Crypto exchange-traded fund (ETF) and exchange-traded product (ETP) issuer 21Shares has launched two funds offering exposure to Hyperliquid’s native token, HYPE. The funds are trading on Nasdaq The products comprise the 21Shares Hyperliquid ETF (THYP), which provides spot exposure alongside staking rewards, and the 21Shares 2x Long HYPE ETF (TXXH), which delivers leveraged exposure. The firm stated that these are the first US-listed funds designed to track the token linked to Hyp