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2026-05-21 01:42:02

The grayscale has started building a position in HYPE, is the ETF narrative coming?

HYPE14.88%

View Original

BlockBeatNews2026-05-21 01:31:03

Gray address purchased over 510k HYPE tokens and staked them, approximately $24.95 million.

BlockBeats news: On May 21, according to Lookonchain monitoring, Grayscale is buying HYPE. It has already submitted an S-1 registration application for the HYPE ETF in January this year.

Over the past week, two wallets related to Grayscale purchased a total of 510,387 HYPE (about $24.95 million), and have staked it.

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