Grayscale Launches New Hyperliquid ETF on Nasdaq
Barry Silbert-Linked Grayscale Set To Launch New Hyperliquid ETF Today—Here's What You Need To Know About HYPG

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Grayscale Investments is launching the Hyperliquid Staking ETF (ticker: GHYP) on the Nasdaq, providing exposure to the HYPE token, which has a market cap exceeding $18 billion. The ETF features a low management fee of 0.29% and potential staking rewards averaging 2.2%-2.3% annually, appealing to institutional investors.
- 01Grayscale's Hyperliquid Staking ETF will trade under the ticker GHYP on the Nasdaq.
- 02The ETF offers exposure to the HYPE token, which has a market capitalization of over $18 billion.
- 03The fund's gross management fee is 0.29%, lower than other HYPE-linked funds.
- 04HYPE token holders benefit from governance rights and trading fee discounts on the Hyperliquid platform.
- 05Despite a bear market, HYPE has seen a 180% increase year-to-date.
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Grayscale Investments is set to launch its Hyperliquid Staking ETF on the Nasdaq Stock Exchange under the ticker GHYP. This ETF will track the price of the Hyperliquid (HYPE) token, which currently boasts a market capitalization exceeding $18 billion. Investors can expect potential staking rewards that have historically averaged between 2.2% and 2.3% annually. The ETF is positioned with a competitive gross management fee of 0.29%, making it an attractive option compared to existing HYPE-linked funds. Grayscale, a subsidiary of Barry Silbert's Digital Currency Group, is the largest cryptocurrency-focused asset manager globally. The HYPE token has garnered significant institutional interest, particularly following the launches of similar ETFs, and has demonstrated resilience in the market, surging over 180% year-to-date despite declines in major cryptocurrencies like Bitcoin and Ethereum. The token also provides governance rights and discounts on trading fees for its holders, further enhancing its appeal in the decentralized finance space.
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The launch of the Hyperliquid Staking ETF may attract more institutional investors to the cryptocurrency market, potentially increasing liquidity and trading volume.
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