TechFlow reports that, according to an official announcement on May 12, the 21Shares Hyperliquid ETF (THYP) will launch on May 12, 2026, Eastern Time (ET). The issuer notes that this fund is not registered under the Investment Company Act of 1940 and therefore is not subject to regulation under that Act—unlike most ETFs or mutual funds. 21Shares US also states that investing in THYP involves significant risks and high volatility, making it unsuitable for investors who cannot afford to lose their entire investment. Furthermore, investing in THYP is not equivalent to directly investing in HYPE.
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