CipherProof

Software Engineer 💻 | Blockchain & Cryptography Enthusiast 🔗 | Transforming concepts into code | Exploring the future of decentralized tech

[Camran Khosravi @CamKhosravi]

This is so true. Just go to the app store on your phone and download @Dreamcash or @Markets_xyz, and you'll see.

The UIs are so clean and beginner-friendly that you won't even know you're trading on Hyperliquid. And you're getting better execution than 99% of venues.

[21shares US @21shares_us]

Welcome to the weekend. 🫡

[il.hl @hyperliquidmax]

Today, Grayscale put $HYPE on Nasdaq.

Not just to hold it.

To stake it — and pay you for owning it. 🤯

Something historic happened this morning, June 3, 2026. 👇

The world's largest crypto asset manager just launched HYPG — the Grayscale Hyperliquid Staking ETF — on the Nasdaq stock exchange.

For the first time ever: anyone with a regular brokerage account can now own $HYPE AND earn staking rewards from it.

No crypto wallet needed. No seed phrase. No exchange account.

Just a normal stock ticker. 📱

Let's break down exactly what HYPG is:

Think of it like a savings account — but instead of earning 0.5% interest at a bank, you're earning staking rewards from one of the most active financial protocols on Earth.

Here's how it works:

1️⃣ You buy HYPG shares on Nasdaq — same as buying Apple or Tesla
2️⃣ Grayscale takes your money and buys real $HYPE tokens
3️⃣ Those tokens get staked on the Hyperliquid network
4️⃣ Staking rewards (historically ~2.2% per year) flow back into the fund
5️⃣ Your shares reflect both the price of HYPE + the accumulated staking yield

Price exposure. Plus income. Through one stock ticker. 🔑

The fee structure — why this matters:

HYPG management fee: 0.29%/year

Historical staking yield: ~2.2%/year

Net math: ~+1.91%/year just from staking — before HYPE price moves a single cent.

Grayscale describes HYPG as carrying the lowest gross fee among all U.S. Hyperliquid exchange-traded products — making it the most cost-efficient institutional wrapper for $HYPE available today. 📊

Now look at what this ETF is holding:
Hyperliquid has traded over $2.99 trillion in perpetual futures volume with over $5.5 trillion in open interest.

The protocol earned approximately $857 million in fees in 2025 alone — and 99% of those fees went back into the protocol through buybacks, making HYPE one of the most value-accretive tokens in decentralized finance.

This is what's sitting inside HYPG. 🏦

Who is the custodian?

Not some random startup.

🏛️ Anchorage Digital Bank N.A. — the first federally chartered crypto bank in the US, approved by the OCC

📋 BNY (Bank of New York Mellon) — one of the world's oldest and largest financial institutions, serving as Fund Administrator

The infrastructure behind HYPG is built on century-old banking foundations. 🔐

The staking mechanic — what most people don't know:

When HYPG stakes HYPE, those tokens actively participate in securing the Hyperliquid network.

Validators who stake HYPE: → Help confirm transactions → Earn fees for doing so → Those fees distribute as staking rewards

Grayscale notes it is the first sponsor to bring staking to U.S. spot exchange-traded products — meaning HYPG is doing something no ETF has done before with a crypto staking model built into a Nasdaq-listed product.

The full picture of who is now involved with $HYPE:

📌 Bitwise (BHYP) — NYSE-listed ETF
📌 21Shares (THYP) — Nasdaq-listed ETF
📌 Grayscale (HYPG) — Nasdaq-listed, staking ETF, launched TODAY
📌 VanEck — pending SEC filing
📌 Pantera Capital — institutional investor thesis published June 2
📌 Coinbase — USDC treasury deployer on Hyperliquid
📌 Circle — technical deployer, staking 500K HYPE

Six months ago, none of these names were attached to $HYPE.

Today, every single one of them has financial skin in the game. 🎯

The bottom line for regular people:

You no longer have to understand crypto to invest in Hyperliquid.

You don't need a wallet. You don't need to understand staking. You don't need to trust a crypto exchange.

You just need a Fidelity, Schwab, or Robinhood account — and a single ticker: $HYPG. 📈

The on-ramp for institutional money just got wider.

Again. 🚀

⚠️Always read the prospectus. Not financial advice. Always DYOR.

[Hyperliquid News @HyperliquidNews]

Another staking transaction from @bitwise: 31,372 hyperliquid:native worth approximately $2.3M has been added to staking.

https://t.co/sBKSrrglnZ

[21shares US @21shares_us]

There’s more to staking than meets the eye.

And blockchains like Hyperliquid demand more from staking infrastructure than others.

That’s why our crypto native team has been running staking models on crypto ETPs with battle-tested infrastructure since 2019:

- 19 global staking products
- multiple market cycles and protocol disruptions
- minimal operational downtime

The bottom line: infrastructure experience matters.

[DEGEN NEWS @DegenerateNews]

BREAKING: @HyperliquidX FLIPS @solana IN STAKING MARKET CAP - PER @StakingRewards DATA

SOURCE: https://t.co/mXRVEnHXC6

[Sui @SuiNetwork]

Legacy chains: a single spreadsheet cell updated one at a time; everyone has to wait.

Sui: an entire spreadsheet updating independently, simultaneously, and in parallel.

Object-centric architecture means zero bottlenecks and instant global scale.

[Eric Rosengren @EricSRosengren]

Hyperliquid has an active market for many commodities, stocks, pre-ipo stocks, as well as crypto. The gold, silver, and oil markets have been active on weekends given the administration's tendency to make announcements over the weekend. 24-7 exchanges means 24-7 trading.

[Brian Armstrong @brian_armstrong]

Big month @Coinbase:

- First company bringing global crypto perps + options to the US in a compliant way
- Official USDC treasury deployer for @HyperliquidX
- Gold & silver perps now live outside the US (coming to the US soon)
- Partnered with Standard Chartered to expand global fiat access for institutional clients

+ more in the article below:

[Grayscale @Grayscale]

$HYPE x @nasdaq in Times Square

Grayscale Hyperliquid Staking ETF ($HYPG) is now available in brokerage accounts.

Hyperliquid

[Blackie.hl @ManInBlackie]

I'm waiting for a public announcement like "we invested pretty heavily into Hyperliquid" by someone big

the MO has been the same for days, clean wallets, mostly spot, similar amount, constant buy pressure

[The Wolf Of All Streets @scottmelker]

"The money isn't leaving crypto right now, it's actually rotating inside it. All the hedge funds went and unfollowed Bitcoin and slid into Hyperliquid's DMs"

"Hyperliquid is beating Ethereum in trading volume on some days as big money rotates, says FalconX. These tokens like hype now trade at higher volume sometimes than the large caps"

"We're seeing the volumes on them continue to rise and now institutions are using these platforms. So it's not like the money has left"

"We're just seeing a rotation into other things, much like we're seeing a rotation from everything liquid into AI related IPOs. We're seeing that within crypto as well"

[Grayscale @Grayscale]

1/ $HYPE is one of the clearest examples of DeFi competing with centralized exchanges on product and economics, not just ideology

Can an onchain exchange become one of the major venues for global trading?

A thread on @HyperliquidX 🧵

[Bitwise @Bitwise]

Hyped for the BHYP socks – get your pair.

How to enter (today only):
1. Follow @Bitwise
2. Comment below your favorite thing about Hyperliquid

[trade.xyz @tradexyz]

AVGO is now live. 10x leverage, 24/7, 365.

[Grayscale @Grayscale]

Grayscale Hyperliquid Staking ETF (Ticker: $HYPG) is now trading. The $HYPE ETP with the lowest gross management fee in the U.S.¹ and staking, in your brokerage account today.

Why $HYPE?

→ $HYPE is the crypto asset powering 24/7 markets
→ $HYPE captures value from @HyperliquidX’s $2.99T in perpetual trading volume²
→ 99% of @HyperliquidX fees go back to the protocol via buybacks³

$HYPE exposure from Grayscale, the world’s largest crypto-focused asset manager⁴

Hyperliquid.

[Vikingo.hl @VikingoDigital_]

Hyperliquid (HyperEVM) leads all chains by Top Stablecoin Supply Changes in the last 24h with $557M.

Probably nothing. $HYPE

[Hyperliquid News @HyperliquidNews]

🆕New HIP-3 ticker 🆕

The $AVGO ticker has been purchased for 560.09 HYPE ($38,844) by @tradexyz

[Mando @rektmando]

you understand the NEAR trade when you start using it

https://t.co/hdlWBHQPPi

[Henrik @Henrik_on_HL]

The biggest mistake you can make right now is selling your $HYPE at these prices because you think it’s now fairly valued after the recent pump.

$HYPE already traded at $60 before HIP-3, HIP-4, Portfolio Margin, the Hyperliquid Policy Center, the Coinbase/Circle deal, and before most institutions even started paying attention.

The ecosystem, product suite, liquidity, and distribution are all materially stronger today than they were back then.

Don’t overtrade. Don’t get shaken out by volatility. And don’t forget to dream. $HYPE will go much higher.