The product gives investors regulated access to a fast-growing on-chain derivatives platform that processed US$633 billion in quarterly trading volume.

New York-based global asset management firm VanEck has expanded its European product lineup with the launch of the VanEck Hyperliquid ETN (VHRL), providing exposure to HYPE, the native token of the Hyperliquid trading platform. Hyperliquid now accounts for around 32% of total on-chain perpetual futures trading  VHRL, which tracks the MarketVector Hyperliquid VWAP Close Index, gives investors exposure to the token economics underpinning the Hyperliquid ecosystem. The MarketVector H