VanEck Launches Hyperliquid ETF & ETP: Institutional Drive Fuels Market Growth

VanEck has announced the launch of a Hyperliquid spot staking ETF in the US and a physically-backed ETP in Europe, signaling its expanded involvement in blockchain finance. The initiatives are fueled by heightened institutional interest in the Hyperliquid platform, driving a 4.28% surge for HYPE token prices. This move suggests potential shifts in crypto investment strategies globally.