Grayscale has updated its Hyperliquid ETF application with the U.S. Securities and Exchange Commission, changing the custodian from Coinbase to Anchorage Digital Bank. Anchorage has previously served as a sub-custodian for Grayscale's Bitcoin and Ethereum trusts. The ETF will continue to have Bank of New York Mellon as the transfer agent. The staking feature of the ETF is pending regulatory approval, and it is set to trade on Nasdaq under the ticker GHYP.