Bloomberg ETF Analyst: 21Shares Applies for 2x Leveraged HYPE ETF

 according to Bloomberg's senior ETF analyst Eric Balchunas, 21Shares is applying for a 2x HYPE exchange-traded fund. Balchunas said that these types of applications may seem very niche, but could reach tens of billions of dollars in size in 3-4 years. He pointed out that we are currently in a complete "land grab" phase.