Grayscale Submits Updated HYPE ETF Application with Staking Feature
- ETF Application Update: On May 11, 2026, Grayscale submitted the second version of its HYPE ETF application to the SEC, indicating intensified competition for HYPE-based ETFs and a growing interest from institutional investors in this digital asset.
- Staking Income Potential: The updated filing introduces the possibility of staking income, with Grayscale stating that if approved, the fund could generate additional yield by staking HYPE tokens, thereby enhancing potential returns for investors.
- Intensifying Competition: Grayscale's HYPE-indexed fund is seen as a significant step for large investors seeking greater diversity in their crypto portfolios, with Hyperliquid attracting major institutional interest and HYPE's daily trading volume exceeding $230 million, highlighting its rising market position.
- Regulatory Compliance Adjustments: The updated application names Anchorage Digital Bank as the new custodian, while BNY Mellon continues to handle management and transfer agency functions, reflecting Grayscale's ongoing efforts to align with regulatory compliance and institutional standards over the long term.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK). As of , Lorenzo Protocol (BANK) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0218 | 0.0275 | 0.0335 | 0.0392 | 0.0452 | 0.0509 | 0.0569 |
| Fibonacci | 0.0275 | 0.0319 | 0.0347 | 0.0392 | 0.0436 | 0.0464 | 0.0509 |
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