According to a report from Golden Finance, Eric Balchunas, a senior ETF analyst at Bloomberg, has revealed that 21Shares is applying for a 2x HYPE exchange-traded fund. Balchunas stated that this kind of application seems very niche, but it could reach billions of dollars in scale in 3-4 years. He noted that we are currently in a complete land grab frenzy.
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Bloomberg ETF Analyst: 21Shares applies for 2x leveraged HYPE ETF
According to a report from Golden Finance, Eric Balchunas, a senior ETF analyst at Bloomberg, has revealed that 21Shares is applying for a 2x HYPE exchange-traded fund. Balchunas stated that this kind of application seems very niche, but it could reach billions of dollars in scale in 3-4 years. He noted that we are currently in a complete land grab frenzy.