21Shares Advances Hyperliquid ETF Application with SEC

21Shares, a digital asset investment products provider, has made significant progress in its pursuit of approval for crypto and blockchain-focused exchange-traded funds (ETFs) in the United States.

The company has submitted an updated application to the Securities and Exchange Commission (SEC) for its Hyperliquid ETF, which is listed under the ticker $THYP. This latest submission appears to incorporate feedback from the regulatory body, suggesting that 21Shares is actively engaging with the SEC to address any concerns.

While fee information remains undisclosed in the filing, the updated application brings the product closer to potential US market launch. 21Shares has been at the forefront of innovation in the digital asset space, offering a range of investment products that cater to the growing demand for crypto and blockchain investments.