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Grayscale Files for BNB and HYPE ETFs

Published by
Sohrab Khawas

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.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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