Minority Mindset

From Santiment’s ledger, as if penned by Ali Martinez’s patient hand, the ether’s lifelines flutter: active addresses rose by 121% in a mere handful of days, a feverish crowd counting their hopes in code.

In an act of generosity that would make even the most hardened miser shed a tear, Binance has graciously announced a comprehensive overhaul of its VIP Program. By slashing entry thresholds and introducing the Rising Star tier, they are flinging open the doors to elite benefits, inviting a wider array of traders and investors into their hallowed halls.

Grayscale Investments, that solemn titan of crypto asset management, has submitted an S-1 registration statement to the SEC for a spot ETF tracking Hyperliquid’s HYPE token. The filing, dated March 20, 2026, is less a revolution and more a bureaucratic pirouette. Should the SEC nod in approval, the fund will trade as GHYP on Nasdaq, where it will presumably compete with other acronyms for the title of “Most Confusing to Grandmother.” Coinbase Custody, ever the obliging butler, will safeguard the fund’s assets, while CoinDesk’s Benchmark pricing data will calculate its net asset value-because nothing says “trust” like relying on the same entity that once confused a Bitcoin price spike for a joke.

As per the official scrolls dated March 20, Grayscale has tossed an S-1 registration form into the bureaucratic abyss of the US Securities and Exchange Commission (SEC). This proposed fund is set to pirouette on the NASDAQ stage under the glamorous moniker of GHYP. For those blissfully unaware, HYPE is the native token of Hyperliquid, a layer one blockchain crafted with the noble ambition of elevating the efficiency of decentralized finance applications. A standout feature? Its ability to facilitate direct perpetual futures trading, thereby allowing traders to frolic without the burden of gas fees. How very considerate!