The 21Shares Hyperliquid ETF (THYP) will be launched on May 12th.

BlockBeats News, May 12th - According to official sources, 21Shares US announced that its Hyperliquid ETF (THYP) will be launched on May 12, 2026, Eastern Time.

According to the prospectus, THYP is a passive spot HYPE ETF designed to track the performance of the FTSE Hyperliquid Index. It plans to pledge part of its HYPE holdings under conditions of compliance and manageable tax risks.