VANECK, a $ 9 billion global investment manager, has confirmed its plans to launch an ETF related to Hyperliquid’s basic token over -advertising.
This movement has not yet received such a submission.
From Bitcoin to Hype: Vaneck expands the Crypto ETF lineup
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The description of Vanec’s CEO, Jan Van Eck, directly posted directly to the hyperliquid community of X is followed.
“We have been impressed with your products, technology, distributed governance and rollout methods. We are optimistic about hyper liquids. We were the owner (and for months). And we are happy to be part of the ecosystem of the community.”
His position immediately triggered the rumor that Vaneck is preparing for an over -advertising ETF. NATE GERACI chairman of the ETF store mentioned this outlook.
Vaneck spokesman mentioned this speculation in conversation with Beincrypto, indicating that asset managers are actually trying to launch an over -advertising -based ETF.
Reportedly, financial products are currently being developed in the EU and the United States.
“If the regulators approve, the fund will be over -advertised at the launch.”
The company also said it is considering additional measures to deepen the role in the growth of the ring membranes.
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The spokesman said, “Vaneck is also considering a repurchase or ecosystem support program that is similar to a method of supporting Bitcoin and Ethereum ETFs, while committing a part of profits to core developers.
Vaneck, in particular, emphasized that the ETF plan was irrelevant to Hyperliquid’s continuous governance discussion.
The spokesman said to Beincrypto: “The important thing is separated from the STABLECOIN proposal of Agora. Vaneck is moving forward regardless of ETF.
If it is approved, the hype advertising ETF displays a milestone for the ring type. The Hyperevm ecosystem will be added to happiness after receiving attention from the best builders and institution players.
It will also expand VANECK’s earnings for the promotion of Crypto ETF innovation according to SPOT BITCOIN and ETHER products.
The company also set up the stage of the BNB ETF in April and the hot chain economic encryption ETF.
Regulatory approval is still uncertain, but Vaneck’s attitude increases beliefs. It suggests that the hyperclicade can be a key player in the next wave of the distributed trading infrastructure.
Hyperliquid’s over -advertising tokens have been trading at $ 55.61 at the time of this article for the last 24 hours.