The exchange-traded fund (ETF) offers exposure to HYPE, the native token of the Hyperliquid platform, and aims to capture staking rewards, with historical yields around 2.2% per year.
Digital asset-focused investment 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 participate in the Hyperliquid network’s staking process The firm said HYPG has been launched with the lowest gross fee among US-listed Hyperliquid exchange-traded products (ETPs), positioning it as the most cost-efficient exchange-traded route for investors seeking access to the asset