# VanEck Expands Crypto ETF Plans and Tokenized Fund Initiatives

**Published:** 2026-05-28T12:02:59.000Z  
**Topic:** DeFi  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/27f8b1ce-5cc7-41e1-a25b-f8ae3ca5eae1

Asset manager VanEck is pursuing a Hyperliquid spot staking ETF while advancing tokenized fund integration on the Euler decentralized finance protocol.

Asset manager VanEck is expanding its digital asset strategy by planning a spot staking exchange-traded fund (ETF) for the Hyperliquid (HYPE) token in the United States and a similar exchange-traded product (ETP) in Europe [1]. Simultaneously, the firm is integrating its tokenized funds into the Euler decentralized finance (DeFi) protocol, marking a significant step in the convergence of traditional Wall Street institutions and on-chain finance [2].

**Key takeaways**
* VanEck is preparing to file for a Hyperliquid spot staking ETF in the U.S. and an ETP in Europe [1].
* Hyperliquid has led all blockchains in network revenue for four consecutive weeks, according to VanEck [1].
* VanEck’s tokenized fund has launched on the Euler protocol to facilitate institutional DeFi adoption [2].
* The firm is considering allocating a portion of profits from the proposed HYPE investment vehicles toward token buybacks [1].
* Regulatory approval for the U.S. ETF remains uncertain, as the SEC is currently reviewing other high-profile crypto applications [1].

## Institutional interest in Hyperliquid and DeFi
VanEck’s interest in Hyperliquid stems from the layer-1 blockchain’s rapid growth since its 2023 launch and its consistent performance in network revenue [1]. Matt Maximo, a senior digital assets investment analyst at VanEck, stated that the firm has prioritized Hyperliquid within its liquid fund this year [1]. To support the token’s market activity, the firm is exploring a mechanism to allocate a percentage of profits from the proposed investment vehicles toward HYPE buybacks, mirroring the project’s existing revenue-sharing model [1].

While the path for a European ETP appears clearer—following a successful launch of a Hyperliquid ETP by 21Shares in August—the U.S. regulatory environment remains complex [1]. VanEck representatives noted that an ETF could potentially provide U.S. investors with access to HYPE, which is not currently listed on major domestic exchanges like Coinbase [1]. Although some observers have linked VanEck’s plans to a stablecoin proposal by Agora, a startup co-founded by CEO Jan van Eck’s son, the firm maintains that its ETF efforts are entirely separate [1].

## The convergence of traditional finance and blockchain
Beyond its ETF ambitions, VanEck is actively utilizing DeFi infrastructure to bridge traditional finance with blockchain technology [2]. The deployment of its tokenized fund on the Euler protocol serves as a practical demonstration of how institutional capital is moving on-chain [2]. This development aligns with broader industry trends where platforms like Solana are also being utilized to provide the scalability and security required for large-scale tokenization projects [2]. 

## Why it matters
The dual approach of seeking regulated ETF products while simultaneously deploying funds into DeFi protocols highlights VanEck’s strategy to capture institutional demand for digital assets [1, 2]. While these moves signal a growing institutional presence in the crypto space, the firm’s success remains subject to regulatory review and broader market volatility [1, 2]. As traditional companies continue to enter the sector, the industry is closely watching how these institutional-grade products will navigate the current regulatory landscape and shifting investor sentiment [1, 2].

## Sources
1. Blocmates — [VanEck Plans Hyperliquid Spot Staking ETF in U.S., ETP in](https://www.blocmates.com/news-posts/vaneck-plans-hyperliquid-spot-staking-etf-in-us-etp-in-europe)
2. Cryptoliveleak — [Solana: Navigating the Evolving Cryptocurrency Landscape](https://www.cryptoliveleak.org/solana-navigating-the-evolving-cryptocurrency-landscape/)

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Cite as: TrendWatcher, "VanEck Expands Crypto ETF Plans and Tokenized Fund Initiatives", https://www.trendwatcher.in/article/27f8b1ce-5cc7-41e1-a25b-f8ae3ca5eae1