VanEck, Staked ETFs, and HYPE: A New Yorker's Take on the Crypto Buzz

VanEck is making waves with its Hyperliquid ETF plans, potentially boosting HYPE token and shaking up the crypto scene. Here's the lowdown.

Alright, crypto enthusiasts, listen up! The buzz around VanEck, staked ETFs, and the HYPE token is getting louder. Let’s break down what's happening and why you should care. Think of it as your quick guide to navigating this new crypto landscape.

VanEck's Big Bet on Hyperliquid

So, VanEck, that asset management firm, is reportedly diving headfirst into the Hyperliquid ecosystem. They're not just dipping their toes; they're filing for a spot staking Hyperliquid ETF in the U.S. and planning a similar move in Europe with a HYPE exchange-traded product (ETP). Why? They believe this could be the golden ticket to getting HYPE, Hyperliquid's native token, listed on Coinbase. Talk about a power play!

The Staked ETF Advantage

What’s so special about a staked ETF, you ask? Well, this ETF will include a staking yield facility, giving investors access to the HYPE token and potential staking rewards. Matt Maximo, VanEck's senior digital assets analyst, has emphasized Hyperliquid as a key focus for their liquid fund. It's all about tapping into the rising demand and increasing network usage.

HYPE's Meteoric Rise

And speaking of HYPE, this token is on a tear! We're talking about a 23% weekly gain, hitting $56. This surge has even led it to surpass tokens like Chainlink (LINK) and Sui (SUI), inching closer to the top-10 crypto list. VanEck executives are betting big on Hyperliquid's growth, highlighting its impressive trading volumes and decentralized governance.

The Coinbase Connection

The big question everyone's asking: Could a VanEck ETF launch really lead to a Coinbase listing for HYPE? VanEck seems to think so. Kyle Dacruz, VanEck’s director of digital asset products, believes that the ETF could improve U.S. investor access to the token, potentially pushing Coinbase to list it. It’s all about increasing exposure and legitimacy.

A Word of Caution

Now, before you go all-in, remember that regulatory approval from the SEC is still a hurdle. The SEC hasn’t yet given the green light to staking-related ETFs, including Ethereum-based ones. So, there's no guarantee this will happen overnight.

Paxos USDH Proposal V2: Hyperliquid as Global Infrastructure

Hold on, there is more in Hyperliquid news: On September 10, 2025, Paxos released a USDH Proposal V2, focusing on scaling Hyperliquid globally while maintaining regulatory compliance. Proposal V2 integrates HYPE with PayPal and Venmo, positioning Hyperliquid as a potential global liquidity infrastructure. PayPal and Venmo will integrate Hyperliquid's planned stablecoin into their ecosystems, including Checkout, Braintree, Hyperwallet, and Xoom.

Final Thoughts

So, what’s the takeaway? VanEck is making a bold move with its Hyperliquid ETF plans, and HYPE is riding the wave. Keep an eye on regulatory developments and potential Coinbase listings. And with Paxos USDH Proposal V2, Hyperliquid is going to be a global infrastructure. Whether you're a seasoned crypto pro or just getting started, this is definitely a space to watch. After all, in the fast-paced world of crypto, you snooze, you lose!