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Deep Tide TechFlow News, May 12 — According to official sources, the 21Shares Hyperliquid ETF (THYP) will be launched on May 12, 2026, Eastern Time. It also notes that this fund is not registered under the Investment Company Act of 1940, and therefore is not regulated by that law, which differs from most ETFs or mutual funds. 21Shares US also stated that investing in THYP involves significant risks and high volatility, and is not suitable for investors who cannot bear the full loss of their investment, and that investing in THYP is not equivalent to directly investing in HYPE.