Hyperliquid has quickly become one of the hottest names in decentralized finance, and now it’s drawing serious attention from Wall Street. VanEck, a global asset manager VanEck is gearing up to file for a Hyperliquid (HYPE) spot-staking ETF in the U.S., while also preparing a parallel ETP in Europe.
Adding fuel to the excitement, VanEck executives hint that such a launch could even pave the way for Coinbase to list HYPE.
VanEck is preparing to launch an ETF focused on Hyperliquid, one of the fastest-growing decentralized exchanges. What makes this product different is that it won’t just track the price of HYPE, Hyperliquid’s token, but also include staking rewards, giving investors a chance to earn yield inside a regulated fund.
This is more than just another ETF filing. VanEck is attempting to merge two powerful features of crypto, a rare move in the ETF industry that could increase demand for the token.
If approved, the Hyperliquid spot-staking ETF would be a major milestone. It shows growing trust in new blockchain projects beyond Bitcoin and Ethereum, while providing traditional investors with an easier way to access decentralized finance.
VanEck’s push for a Hyperliquid staking ETF could be the key to HYPE landing on Coinbase. Launched in 2023, Hyperliquid has already built strong momentum, topping DeFi revenue charts for four straight weeks.
VanEck’s Kyle Dacruz explained that demand for a HYPE staking ETF is clear, and such a product could make it easier for U.S. investors to gain exposure while boosting the token’s visibility.
At its core, the move shows Wall Street’s growing interest in blending DeFi innovation with traditional finance structures.
Hyperliquid (HYPE) has hit a fresh all-time high this week, jumping 22% to reach $55.34.
For weeks, the token was stuck in a tight range between $44 and $47. But in early September, it finally broke out, moving strongly above two key levels, the 50-day EMA at $48.15 and the 100-day EMA at $46.74.
Looking ahead, support now sits around $55, with stronger backup near the $60–$65 zone. As long as trading volume stays high, the bulls seem firmly in control, and HYPE could continue its upward run.
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