21Shares 2x Long HYPE ETF
TXXH
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 158 West 27th Street New York NY United States of America 10001
- IPO Date
- Apr 29, 2026
- Website
- 21shares.com
- Similar Companies
- Business
- 21Shares 2x Long HYPE ETF (TXXH) is a leveraged exchange-traded fund that provides 2x daily exposure to the price performance of Hyperliquid (HYPE) through derivative instruments, enabling double daily returns without direct token custody; the fund typically allocates the majority of assets to swap agreements, futures, and options to achieve its leveraged objective, with U.S. Bank National Association as custodian and 21Shares as sponsor and marketing agent, and it operates under the 40-Act structure, listing in the United States for investors seeking short-term, high-volatility exposure to the DeFi perpetual futures ecosystem, subject to daily reset and compounding effects that can amplify both gains and losses. The latest major changes include the fund’s ongoing regulatory filings and market introductions aimed at delivering double daily returns to HYPE, with discussions around U.S. SEC approvals for a U.S.-listed leveraged HYPE ETF and potential launches or updates to the product’s structure, leverage mechanism, and custody arrangements, reflecting a strategic emphasis on expanding access to leveraged DeFi exposure for institutional and sophisticated retail investors. Industry context places TXXH within the crypto-asset and DeFi-focused ETF segment, targeting investors who seek amplified exposure to the Hyperliquid platform’s perpetual futures model, with geographic reach anchored in the U.S. market and related cross-border distribution, and ownership and governance are positioned under 21Shares as sponsor with operations aligned to fund administration, distribution, and custody through traditional financial counterparties. Subsidiaries or affiliate relationships are oriented toward the sponsor's global ETF platform and partner channels, supporting product governance, marketing, and regulatory compliance across jurisdictions, while the fund’s performance is tied to the daily movement of HYPE before fees and expenses, with the understanding that leverage magnifies both returns and risk in dynamic crypto markets.