Exciting Moves in Crypto ETFs: 21Shares Pushes for Hyperliquid ETF Amid Bitwise Solana ETF’s Massive Trading Surge
Key Takeaways
- 21Shares has filed for an ETF focused on Hyperliquid, signaling growing interest in altcoin-based investment products that track innovative blockchain protocols.
- Bitwise’s Solana staking ETF recorded over $72 million in trading volume on its second day, showcasing strong investor enthusiasm for staking-enabled crypto ETFs.
- The launch of these ETFs highlights a shift toward more volatile altcoins, with custodians like Coinbase Custody and BitGo Trust ensuring secure handling.
- Competition is heating up, as seen with Grayscale’s Solana Trust ETF debuting shortly after, though it trailed in initial trading volume.
- These developments point to broader Wall Street appetite for diverse crypto assets, potentially paving the way for more innovative ETF filings in the future.
Imagine stepping into a bustling marketplace where digital assets are the hottest commodities, and every new stall promises something fresh and exciting. That’s the vibe in the crypto world right now, especially with the latest buzz around exchange-traded funds (ETFs) that are making waves beyond the usual Bitcoin and Ethereum suspects. We’re talking about moves that could redefine how everyday investors dip their toes into alternative cryptocurrencies, or altcoins, without the hassle of managing wallets or dealing with volatile exchanges directly. It’s like upgrading from a basic savings account to a high-yield investment portfolio, but with the thrill of blockchain innovation thrown in.
At the heart of this excitement is a fresh filing from asset manager 21Shares, aiming to bring an ETF tied to Hyperliquid right to the mainstream. This isn’t just any token; it’s the backbone of a perpetual futures protocol and its own blockchain, offering perks like trading fee discounts and powering a decentralized exchange that’s been gaining serious traction. Picture Hyperliquid as the engine of a high-speed train, zooming ahead as more users hop on board, driving its value up over the past year. And now, with 21Shares stepping up, it feels like Wall Street is finally catching the rhythm of these altcoin beats.
Why Hyperliquid ETF Filing Signals a Bigger Shift in Crypto Investments
Let’s dive a bit deeper into what this Hyperliquid ETF means for the bigger picture. 21Shares submitted their application to the Securities and Exchange Commission on a Wednesday, keeping details like the ticker symbol and fees under wraps for now. They’ve tapped trusted names like Coinbase Custody and BitGo Trust to handle the custody side, which adds a layer of security that’s crucial in the often unpredictable crypto space. This move comes hot on the heels of a similar filing from Bitwise last month, targeting the same Hyperliquid token—known as HYPE—that’s all about enhancing user experiences on its platform.
Think of it like this: If Bitcoin ETFs were the blockbuster movie that got everyone talking, these altcoin ETFs are the sequels exploring uncharted territories. Hyperliquid’s rise mirrors the growing popularity of its decentralized exchange, where perpetual futures trading happens seamlessly without traditional intermediaries. Investors are perking up because this isn’t just about holding a token; it’s about tapping into a protocol that’s innovating how we trade derivatives in crypto. The token’s value surge over the year? That’s real evidence of demand, backed by the platform’s expanding user base and transaction volumes.
But why now? Well, U.S. investors have shown they’re hungry for more than the basics. With altcoins offering higher volatility—and potentially higher rewards—these ETFs provide a safer entry point. It’s akin to choosing a guided tour through a wild jungle rather than trekking solo. And in a market where trust is everything, having established custodians involved reassures folks that their investments are in good hands. This filing isn’t isolated; it’s part of a wave where firms like 21Shares are betting big on protocols that blend utility with investment appeal.
Bitwise Solana ETF’s Stunning Performance: A “Huge Number” in Trading Volume
Shifting gears to another star player, Bitwise’s Solana staking ETF—tickers BSOL—has been turning heads with its explosive start. On its second day of trading, which wrapped up on a Wednesday, it clocked over $72 million in volume. That’s not just impressive; as one Bloomberg ETF
You may also like
ETH Ecosystem Month: A $1.5 Million Trading Opportunity Focused on Ethereum Assets
Explore ETH trading opportunities on WEEX with ETH Ecosystem Month. A $1.5M campaign covering ETH spot trading, ETH futures rewards, leaderboards, and referral incentives across the Ethereum ecosystem.

Bitcoin 30-Day Realized Losses and Gold Reaching Record Highs
Key Takeaways Bitcoin holders have experienced a rare stretch of 30-day realized losses for the first time since…

Central banks vs Bitcoin: Who truly earns the public’s trust?
Key Takeaways The debate over trust between central banks and Bitcoin continues, receiving global attention at the World…

Kaspa is Expected to Decline to $0.032939 by January 26, 2026
Key Takeaways Kaspa’s price is projected to drop 23.07% within the next five days. Current market sentiment for…

Bitcoin Fills New Year CME Gap with Sub-$88K BTC Price Drop
Key Takeaways Bitcoin’s price has closed a significant CME gap that appeared at the beginning of the year,…

Bitcoin Exhibits Resilience at $92K Amidst Economic Fluctuations: Is the Downturn Over?
Key Takeaways: Bitcoin remains robust at $92,000, though ETF outflows and geopolitical concerns loom. BTC futures premium close…

Crypto Mortgages in the US Tackle Valuation Risks and Regulatory Challenges
Key Takeaways The adoption of crypto mortgages is facing challenges around valuation risks and regulatory uncertainties in the…

Can Bitcoin Regain $90K? Bulls at Risk as Long-Term Holders Increase Selling
Key Takeaways: Bitcoin has declined below the $90,000 mark amid increased selling pressure from whales and long-term holders.…

Michael Saylor’s Strategy Surpasses 700,000 Bitcoin with a New $2.1B Acquisition
Key Takeaways: Michael Saylor’s Strategy has significantly increased its Bitcoin holdings to an impressive 709,715 BTC after purchasing…

Bitcoin Pursues $90K: Trump to Fast-Track Crypto Legislation
Key Takeaways Bitcoin is gaining momentum as President Trump indicates imminent crypto-friendly legislation. Trump’s World Economic Forum speech…

Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…

Trump Takes on the Fed, Italy Warns Financial Influencers: A Global Overview
Key Takeaways President Trump initiates criminal charges against the Fed Chairman, potentially impacting U.S. monetary policy. Coinbase halts…

What Happened in Crypto Today: Key Updates and Insights
Key Takeaways A crucial crypto bill’s progress is delayed as the Senate pivots its focus to broader affordability…

Crypto’s Decentralization Dream Falters at Interoperability
Key Takeaways The promise of decentralization in the crypto industry is hindered by centralized intermediaries managing interoperability between…

Ethereum Price Prediction – ETH Price Estimated to Reach $ 3,660.02 By Jan 23, 2026
Key Takeaways Ethereum’s price is currently at $3,203.60 with a predicted increase to $3,660.02, marking a potential rise…

Sonami Token Presale Launches With 53% Staking Rewards, Enhancing Solana Layer-2 Network Vision
Key Takeaways Sonami Token ($SNMI) has initiated its presale, offering a staking program with an attractive 53% reward…

Midnight Price Prediction – NIGHT Price Anticipated to Decline to $ 0.047821 By January 25, 2026
Key Takeaways Midnight’s price is anticipated to decrease by 23.24% in the following five days, with a prediction…

AI News Today: Can AI Make Blockchain Systems More Reliable in Live Crypto Markets?
Learn how AI is used in blockchain systems to detect risks, improve reliability, and support secure crypto trading in live crypto market environments.
ETH Ecosystem Month: A $1.5 Million Trading Opportunity Focused on Ethereum Assets
Explore ETH trading opportunities on WEEX with ETH Ecosystem Month. A $1.5M campaign covering ETH spot trading, ETH futures rewards, leaderboards, and referral incentives across the Ethereum ecosystem.
Bitcoin 30-Day Realized Losses and Gold Reaching Record Highs
Key Takeaways Bitcoin holders have experienced a rare stretch of 30-day realized losses for the first time since…
Central banks vs Bitcoin: Who truly earns the public’s trust?
Key Takeaways The debate over trust between central banks and Bitcoin continues, receiving global attention at the World…
Kaspa is Expected to Decline to $0.032939 by January 26, 2026
Key Takeaways Kaspa’s price is projected to drop 23.07% within the next five days. Current market sentiment for…
Bitcoin Fills New Year CME Gap with Sub-$88K BTC Price Drop
Key Takeaways Bitcoin’s price has closed a significant CME gap that appeared at the beginning of the year,…
Bitcoin Exhibits Resilience at $92K Amidst Economic Fluctuations: Is the Downturn Over?
Key Takeaways: Bitcoin remains robust at $92,000, though ETF outflows and geopolitical concerns loom. BTC futures premium close…