21Shares Hyperliquid ETF (THYP) will be launched on May 12

According to official news, 21 Shares US announced that its Hyperliquid ETF (THYP) will be launched on May 12, 2026, Eastern Time.

According to the prospectus, THYP is a passive spot HYPE ETF aimed at tracking the performance of the FTSE Hyperliquid Index and plans to pledge part of its HYPE holdings under controllable compliance and tax risks.