21Shares Charges Into Crypto ETF Race With Hyperliquid Application Amid Flood of New Digital Asset Funds

Crypto's institutional invasion accelerates as ETF providers scramble for the next big thing.
The Hyperliquid Gold Rush
21Shares just dropped its application for a Hyperliquid ETF, joining the frenzy as Wall Street finally realizes digital assets aren't just Bitcoin and Ethereum anymore. The timing couldn't be more perfect—or more chaotic—with new crypto funds launching weekly like blockchain ICOs in 2017.
Institutional FOMO Hits Critical Mass
Traditional finance firms are elbowing each other aside to get exposure to liquid staking tokens and decentralized finance protocols. They're discovering what crypto natives knew years ago: the real value isn't in holding digital gold, but in the infrastructure that makes it all work.
Another day, another fund manager trying to repackage decentralized innovation into tidy Wall Street-approved boxes—because nothing says 'financial revolution' like paying 2% management fees to own something that was designed to cut out middlemen entirely.