Grayscale-associated wallets have purchased and staked $24.95 million worth of HYPE in the past week

Odaily reports that according to Lookonchain monitoring, over the past week, two wallets linked to Grayscale have accumulated 510,387 HYPE, worth approximately $24.95 million, and have completed staking.

Previously, Grayscale submitted the S-1 registration statement for a HYPE ETF in January this year.