Grayscale Amends Hyperliquid ETF Filing, Replaces Coinbase With Anchorage as Custodian
CryptoNews·60-word summary·1 min read
Grayscale has amended its Hyperliquid ETF filing, replacing Coinbase with Anchorage as the custodian. The change aims to enhance the fund’s security and compliance. The update reflects Grayscale’s ongoing efforts to optimize its ETF offerings, though specific dates for the filing adjustments have not been disclosed. The move underscores the evolving landscape of crypto asset management.
Institutional investors made the third-largest Bitcoin purchase, acquiring $1.1 billion worth, signaling strong bullish sentiment. The move comes amid geopolitical tensions and regulatory shifts, potentially influencing market dynamics. Large-scale BTC acquisitions like this could boost confidence among retail traders and institutional players, reinforcing Bitcoin's role as a safe-haven asset in uncertain times.
The Philippine SEC has declared dYdX unregistered and issued a major investor alert, warning against investment solicitation by the platform. The regulator emphasized potential criminal liability for promoters, marking a significant regulatory move in the country’s crypto sector. The alert aims to protect investors from unregistered platforms operating without proper authorization as of April 2026.
Ripple CEO Brad Garlinghouse praised the SEC’s new crypto regulatory approach, signaling a clearer path for digital assets in the US. The shift aims to improve market sentiment and investor protection, as industry leaders support the move. This regulatory reset could foster growth and innovation in the US crypto sector.
Solana (SOL) traded near $84.93 on April 17, close to the $87 threshold, as ETF inflows supported its price. A break above $87, aligned with the 50-day EMA, could signal a shift in momentum after weeks of consolidation. SOL's market cap was approximately $48.89 billion, with a 1.31% daily decline but nearly 1% weekly gain.
Strategy Inc. added 34,164 Bitcoin worth $2.54 billion on April 20, 2026, increasing its holdings to 815,061 BTC. This rapid accumulation suggests the firm could reach one million bitcoins by late 2026. Meanwhile, River data indicates that STRC preferred stock inflows significantly outpaced ETF net gains, highlighting strong institutional interest in Bitcoin.
SkyBridge Capital founder Anthony Scaramucci estimates Bitcoin’s market cap could reach $21 trillion, valuing one BTC at $1 million. He cites Bitcoin’s fixed supply of 21 million coins, decentralization, and growing institutional adoption as key factors. This projection compares Bitcoin’s potential to gold’s $33 trillion market cap, emphasizing its long-term value.
