Hyperliquid Token HYPE Rises as Institutional Filings and Commodities Activity Increase

The core claim has two parts: first, that 21Shares updated its Hyperliquid ETF filing to use ticker THYP; second, that James Seyffart said this likely reflects SEC feedback and indicates a U.S.-listed product is moving closer to approval. PANews explicitly reports both points and cites the exact underlying post at https://x.com/JSeyff/status/2044166860912886160 in '21Shares更新Hyperliquid ETF申请文件，拟用代码THYP | PANews'. That makes the statement plausible and fairly well supported. However, direct fetching of the Seyffart X post failed in this run, so the strongest primary source could not be independently validated from its own content. 'Hyperliquid price eyes rally past $50 after confirming bullish pattern' supports the broader context that institutional ETF-related filings around Hyperliquid were increasing, but it does not verify the 21Shares THYP amendment itself. Because the direct primary post was not fetchable, confidence is medium rather than high.