VanEck targets Hyperliquid with plans for a U.S. ETF and European ETP as the DeFi exchange gains Wall Street attention. | Credit: Getty Images. Key Takeaways VanEck plans to launch the first HYPE spot staking ETF in the United States. A physically backed Hyperliquid ETP is also in the works for Europe. Hyperliquid’s rise as a decentralized trading hub has made it a target for institutional products. VanEck, the $100 billion asset manager behind some of the first Bitcoin (BTC) and Ethereum (ETH) e ...