According to the latest documents submitted by Grayscale to the U.S. Securities and Exchange Commission, the custodian for its Hyperliquid-related ETF application has been changed from Coinbase to Anchorage Digital Bank, which previously served as a secondary custodian for its Bitcoin and Ethereum trusts; the ETF is still administered by Bank of New York Mellon, and the pledge function still requires regulatory approval, with plans to trade on Nasdaq under the ticker GHYP. (The Block)

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