Gradual update: Hyperliquid ETF application, replacing Coinbase with Anchorage as the custodian.

Mars Finance reported that, according to market sources, Grayscale has filed a revised Hyperliquid ETF application with the U.S. Securities and Exchange Commission (SEC), replacing Coinbase with Anchorage Digital Bank as the fund custodian. Anchorage is the first federally chartered crypto bank in the United States, and it has recently rapidly expanded into businesses including stablecoins, wealth management, and token lifecycle management, becoming the first institution in the U.S. to support Tron. If the ETF is approved, it will be traded on Nasdaq under the code “GHYP,” and the staking function will still be pending regulatory approval.