Wall Street Meets DeFi: Will Coinbase Gift HYPE Its Moment in the Sun? 🤑

In a world where money often moves faster than reason and common sense has apparently taken a holiday, Hyperliquid has managed to become the belle of the decentralized finance (DeFi) ball. Enter VanEck, a global asset manager with a penchant for filing paperwork that makes even the most dedicated bureaucrat weep with joy. They’re now gearing up to file for a Hyperliquid (HYPE) spot-staking ETF in the good old U.S. of A, while also plotting a European escapade with a parallel ETP. Because why have just one when you can have two?

Adding just the right dash of intrigue – and possibly caffeine-induced excitement – VanEck’s top brass have hinted that this shiny new financial unicorn might just gallop its way onto Coinbase’s listing stable. Yes, dear reader, dreams do come true… sometimes.

VanEck’s Ingenious Plan: The Hyperliquid Spot-Staking ETF (Because Regular ETFs Are So Last Century)

VanEck is set to launch an ETF that’s not satisfied with the mere mortal task of tracking HYPE’s token price. No, that would be far too pedestrian. Instead, it will also include staking rewards, which means investors don’t just get to watch their money like a dragon guarding gold – they actually get some shiny tokens for their patience.

This isn’t just any ETF filing, either. It’s like trying to fit a cloud into a briefcase – VanEck is attempting to bundle two crypto features into one regulated fund, which should either increase demand or cause migraines in the SEC office. Possibly both.

If Uncle Sam gives this the green light, it will be a milestone the size of Ankh-Morpork’s city walls. It signals that blockchain projects have grown up enough to get invited to the high-society parties beyond Bitcoin and Ethereum, allowing traditional investors to dip their toes into the wild waters of DeFi without needing a wizard’s degree.

Could Coinbase Soon Say “HYPE, You’re In!”?

VanEck’s crusade to birth a Hyperliquid staking ETF might just be the magical key to unlock Coinbase’s gates for HYPE. Since its 2023 launch, Hyperliquid hasn’t been twiddling its thumbs – it rolled to the top of the DeFi revenue charts for four weeks straight, probably with less caffeine than you’d expect.

Kyle Dacruz of VanEck charmingly explained that demand for the HYPE staking ETF is as clear as the plot to a L-space novel, and such a product would make it much easier for mere mortals in the U.S. to get a peek at the token, simultaneously boosting its street cred.

At its essence, this is Wall Street giving the finger to stodgy old finance by inviting DeFi innovation to the dance floor. And honestly, it’s about time.

HYPE Token Price Outlook: Will It Ride the Bull or Get Trampled?

The Hyperliquid (HYPE) token has just performed a financial moonwalk, hitting a fresh all-time high of $55.34, up a sprightly 22% this week. It had been stuck in a price range narrower than a troll’s patience – hovering between $44 and $47 – before breaking loose in early September, vaulting over the 50-day EMA at $48.15 and the 100-day EMA at $46.74 like a caffeinated squirrel.

The support level now cozies up around $55, with stronger backup waiting around $60-$65, presumably waving pom-poms and chanting “Go HYPE!” As long as trading volumes don’t nap, the bulls seem to have swaggered into the arena fully decked out, and HYPE just might keep climbing like a determined glass elevator in Ankh-Morpork Tower.

Read More

2025-09-11 11:37