News linked to both this project and an event.
Odaily News Grayscale has updated its ETF application document linked to Hyperliquid, changing the custodian to Anchorage Digital Bank, replacing Coinbase which previously served as the prime broker and custodian.This adjustment has garnered significant attention, as Coinbase has long dominated the crypto ETF custody space. Currently, almost all U.S. spot Bitcoin ETFs (except Fidelity's) rely on its custody services.The filing shows that The Bank of New York Mellon will continue to serve as the transfer agent for this ETF (proposed ticker GHYP). The fund's staking functionality still requires regulatory approval and will utilize CoinDesk's Hyperliquid benchmark pricing data.Furthermore, Anchorage Digital Bank, as the first federally chartered crypto bank in the U.S., has been continuously expanding its institutional service capabilities in recent years, including areas such as stablecoins, wealth management, and token lifecycle management. (The Block)
According to The Block, Grayscale has filed a revised Hyperliquid ETF application with the U.S. Securities and Exchange Commission (SEC), naming Anchorage Digital Bank as the fund’s custodian in place of Coinbase. Anchorage is the first crypto-native bank to receive a federal banking charter in the U.S. and has recently expanded rapidly into stablecoin services, wealth management, and token lifecycle management—becoming the first institution in the U.S. to support TRON. If approved, the ETF will trade on Nasdaq under the ticker “GHYP”; staking functionality remains subject to regulatory approval.