The exchange-traded fund (ETF) provides publicity to HYPE, the native token of the Hyperliquid platform, and goals to seize staking rewards, with historic yields round 2.2% per yr.
Digital asset-focused funding platform Grayscale Investments (Grayscale) has expanded its ETF portfolio lineup with the addition of the Grayscale Hyperliquid Staking ETF (HYPG). The ETF is designed to take part within the Hyperliquid community’s staking course of The agency stated HYPG has been launched with the bottom gross payment amongst US-listed Hyperliquid exchange-traded merchandise (ETPs), positioning it as essentially the most cost-efficient exchange-traded route for traders in search of entry to the asset
