Reported about 19 hours ago
21Shares has filed for regulatory approval to launch a passive exchange-traded fund (ETF) that will track the price of the Hype token, shortly after agreeing to be acquired by FalconX. The U.S. Securities and Exchange Commission is currently reviewing numerous crypto-related ETF filings as institutional interest in cryptocurrencies surges, despite delays due to staffing issues caused by a government shutdown. Hype, a significant player in the cryptocurrency market, has seen its value increase dramatically over the past year.
Source: YAHOO