VanEck Files for Staking-Enabled Hyperliquid Spot ETF in US & Europe
VanEck has filed with the U.S. SEC to launch a staking-enabled Hyperliquid ETF. This spot ETF will buy HYPE on the open market and allocate part of the holdings to staking protocols for yield. A built-in buyback mechanism aims to support liquidity and price. VanEck plans parallel listings in Europe to leverage more flexible regulations and pilot the product ahead of U.S. approval. Recent data shows HYPE surged 20.7% over the past week to $54.45, with $543.4 million in daily volume and an $18.7 billion market cap. The filing follows VanEck’s earlier rollouts of Ethereum, Solana, and Avalanche ETFs. SEC approval remains the key hurdle. Traders should monitor the SEC timeline and prospectus details. If approved, the Hyperliquid ETF could attract institutional inflows, enhance HYPE liquidity and set a precedent for regulated, yield-bearing crypto funds.
Bullish
The proposal for a staking-enabled Hyperliquid ETF is a clear bullish catalyst for HYPE. In the short term, the filing and accompanying metrics (20.7% weekly surge, high volume and market cap) can drive speculative buying and positive price momentum. Traders are likely to front-run SEC approval, boosting liquidity and volatility around HYPE. Over the long term, a regulated, yield-bearing ETF with a buyback mechanism can attract institutional inflows, enhance market depth and establish HYPE as a mainstream DeFi asset. The parallel EU listing de-risks regulatory timing and validates the product, further supporting sustained demand. While SEC approval remains uncertain, the overall trajectory points to stronger fundamentals and price support once the ETF launches.