Grayscale Switches Custodian for HYPE ETF to Anchorage Digital Bank
- Custodian Change: Grayscale's amended registration on April 20, 2026, replaces Coinbase Custody Trust Company with Anchorage Digital Bank N.A. for its HYPE ETF, aiming to enhance operational security and regulatory credibility.
- New Product Focus: This change applies to the HYPE ETF still in the registration phase, indicating Grayscale's emphasis on custody arrangements as a critical aspect of product launch design rather than a post-launch correction.
- Regulatory Context: Anchorage Digital Bank N.A., as a federally chartered digital asset bank, has a different regulatory profile than Coinbase Custody, which may provide an advantage in future regulatory scrutiny, reflecting Grayscale's preference for a diversified custody strategy.
- Market Impact: With HYPE trading at $42.25 and a market cap near $10.07 billion, Grayscale's custodian switch could encourage other crypto ETF issuers to reassess their infrastructure choices, intensifying competition in the market.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK). As of , Lorenzo Protocol (BANK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 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 | 0.0255 | 0.0291 | 0.0321 | 0.0357 | 0.0387 | 0.0423 | 0.0453 |
| Fibonacci | 0.0291 | 0.0316 | 0.0331 | 0.0357 | 0.0382 | 0.0397 | 0.0423 |
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