21Shares Files For 2x Leveraged HYPE ETF in U.S., Aiming for Double DeFi Index Returns

Swiss asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a new 2x leveraged HYPE ETF. This product will aim to double investors’ exposure to Hyperliquid’s DeFi index performance by utilizing swap agreements instead of direct token custody. If approved, it would mark the first US-listed leveraged ETF linked to a live decentralized finance protocol.