Grayscale Investments has filed for new trusts in Delaware to pave the way for BNB and HYPE exchange-traded funds, registering entities 10465871 and 10465863 with CSC Delaware Trust Company. This move follows the massive inflows seen in spot Bitcoin and Ethereum ETFs. BNB supports Binance’s ecosystem, while HYPE powers Hyperliquid’s high-speed futures trading, which captured up to 80% of on-chain activity at its peak. While no SEC filings have been submitted yet, the step highlights Grayscale’s confidence in altcoins like Solana and XRP and their long-term revenue potential.
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