The grayscale Hyperliquid ETF application has entered the final registration steps before listing, with the addition of allowing pledge functionality

According to Crypto.news, Grayscale has submitted its Form 8-A12B for the spot Hyperliquid ETF to the U.S. Securities and Exchange Commission (SEC), which is the final registration step before listing on Nasdaq, and trading is expected to begin within 1 to 4 days.

In addition, the ETF code is GHYP, and it has been renamed from "Grayscale HYPE ETF" to "Grayscale Hyperliquid Staking ETF," which is suspected to include new features allowing for staking.