HODLing Out Hope: 21Shares Files Updated Hyperliquid ETF Application With $THYP Ticker

21Shares has filed an updated application for a Hyperliquid ETF to be listed in the United States under the ticker $THYP, because nothing says "we haven't given up" like another filing dropped on a random Tuesday. The gang that brought you a stack of ETF applications just can't resist another lap around the approval carousel.

The submission appears to incorporate feedback from the SEC, because nothing gets the juices flowing quite like regulatory notes on a Tuesday afternoon. Fee information has not yet been disclosed, leaving us all to wonder if they'll charge 0.25% or just accept payment in vibes and prayer.

The updated filing moves the Hyperliquid ETF product closer to regulatory approval and potential US market launch—closer, in crypto time, meaning perhaps sometime before the heat death of the universe. One foot in front of the other, just like always.

21Shares, a digital asset investment products provider, has been pursuing approval for crypto and blockchain-focused exchange-traded products. They're basically the Energizer bunny of ETF applicants at this point—just keeps going and going, chasing that sweet regulatory green light.