VanEck is poised to launch a new spot ETF linked to the Hyperliquid token (HYPE), offering investors both regulated exposure and staking rewards. This move comes as HYPE experiences significant growth, driven by its increasing demand in DeFi applications and institutional investments. 20.7% growth over the past week has driven the price of HYPE beyond $54.45 while trading volume surged to a massive $543.4 million. The ETF will feature a portion dedicated to repurchasing HYPE from the market, further boosting its value. VanEck, with experience in the crypto industry, recognizes the growing demand for regulated access to HYPE and sees this as an opportunity to offer investors reliable exposure through staking rewards.