Gray has submitted S-1 applications related to HYPEETF and is temporarily not allowed to pledge function

According to TheBlock, Grayscale has filed an S-1 application with the U.S. SEC and plans to launch the Grayscale HYPE ETF (code: GHYP), a fund designed to track the spot price of Hyperliquid (HYPE) tokens and planned to be listed on Nasdaq and hosted by Coinbase Custody.<br /> The current document clearly states that the HYPE pledge function will not be provided for the time being, but reserves the possibility of pledge after meeting specific conditions in the future.