21Shares Bets Big On Hyperliquid With New Crypto ETFs Amid DeFi Boom
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21Shares has launched two new ETFs, THYP and TXXH, linked to Hyperliquid's HYPE token, marking the first U.S.-listed ETFs for decentralized trading. The THYP ETF offers spot exposure and staking rewards, while the TXXH ETF provides 2x leveraged exposure. This launch comes amid a surge in decentralized finance, with Hyperliquid processing $8 billion in daily volume and accounting for over 50% of decentralized perpetual futures open interest. The move reflects growing investor interest in regulated crypto products as the market expands beyond Bitcoin and Ethereum.
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