21Shares Amends Hyperliquid ETF Filing, Proposes $THYP Ticker Amid Ongoing SEC Review
21Shares has formally amended its application for a Hyperliquid exchange-traded fund (ETF), introducing $THYP as the proposed ticker symbol. This latest revision signifies a further step in the firm's ongoing efforts to secure approval for a U.S.-traded HYPE ETF. The U.S. Securities and Exchange Commission (SEC) is currently continuing its comprehensive review of the application, a standard procedure for new financial products. The proposed ticker $THYP provides a clear market identifier, which is crucial for both regulatory clarity and investor recognition should the ETF receive approval. This amendment reflects 21Shares' commitment to advancing its product offerings within the evolving digital asset investment landscape, aligning with regulatory requirements.