Coin Circle News reported that according to a post by Wu Blockchain: Grayscale Investments has submitted a Form S-1 registration statement to the U.S. Securities and Exchange Commission, planning to issue the Grayscale HYPE ETF. The fund will primarily track the price performance of the digital asset HYPE by holding it, and can participate in staking to earn yield when conditions are met. It is expected to be listed on Nasdaq under the ticker symbol "GHYP".