🔔Grayscale has submitted an S-1 application for a HYPE ETF, but staking is not currently permitted. According to Mars Finance, citing The Block, Grayscale has submitted an S-1 application to the U.S. SEC, planning to launch the Grayscale HYPE ETF (ticker symbol: GHYP). This fund aims to track the spot price of the Hyperliquid (HYPE) token and plans to list it on Nasdaq, with Coinbase Custody acting as the custodian. The current filing explicitly states that HYPE staking is not currently available, but reserves the possibility of allowing staking under certain conditions in the future.