VanEck Prepares Hyperliquid ETF Launch: Impact Expected Across Markets

VanEck is set to launch its first ever ETF for a decentralized, blockchain-based token called Hyperliquid, marking a significant milestone in the cryptocurrency market. The ETF will offer investors exposure to this technology via a physically backed investment product. This move comes after VanEck has dedicated resources to developing Hyperliquid’s liquidity fund and highlights their focus on providing structured buybacks for HYPE token.