As regulatory discussions around crypto ETFs continue in the United States, 21Shares has filed for a new exchange-traded fund (ETF) tied to a thematic digital asset index called “HYPE.”
The proposed ETF is designed to track a basket of trend-driven tokens, offering investors exposure to the most dynamic segments of the crypto market. The move reflects 21Shares’ ongoing effort to expand its lineup of crypto-backed investment products for both institutional and retail investors.
Analysts view the filing as a potential test case for the SEC’s evolving stance on crypto-linked ETFs, which could shape the future regulatory direction of the U.S. digital asset market.
