Grayscale has submitted a revised application for the Hyperliquid ETF, changing the custodian from Coinbase to Anchorage.

CoinFeed reported on April 21 that, according to The Block, Grayscale has filed a revised application with the U.S. Securities and Exchange Commission (SEC) for its Hyperliquid ETF, changing the custodian from Coinbase to Anchorage Digital Bank. Bank of New York Mellon remains listed as the transfer agent for the ETF. Grayscale had previously appointed Anchorage as a secondary custodian for its Bitcoin and Ethereum trusts. Founded in 2017, Anchorage is the first federally chartered crypto bank in the United States.