Grayscale Trust Registration Marks First Step Toward New Crypto ETFs
Digital asset manager Grayscale has formally initiated the process to launch two new cryptocurrency exchange-traded funds (ETFs), after completing the Grayscale trust registration with the Delaware Division of Corporations on January 8th. The firm registered the statutory trusts “Grayscale BNB Trust” and “Grayscale HYPE Trust,” with filing numbers 10465871 and 10465863 respectively. This is a […]
Hyperliquid governance vote seeks to classify $1B Assistance Fund HYPE as permanently inaccessible
Hyperliquid’s governance vote proposes to classify roughly $1 billion worth of HYPE held in its Assistance Fund as permanently inaccessible. The action affects about 37 million HYPE tokens, or 13.7% of circulating and total supply, and aims to reduce perceived sell pressure and sharpen supply metrics to support token price recovery and institutional transparency.