I just dumped my entire $HYPE and $NEAR position, I will explain why in my essay "Reality Test" dropping next Tuesday.
TLDR:
- Higher energy prices due to Iran war and inventory restocking
- 3 Mega AI IPOs between now and early Q3
- Prediction that Trump goes anti-AI to win mid-terms for Republicans
- I think highs in mrkts will happen btw now and September
- Time to take profit, and two-step in beefa without worrying about my positions
Grayscale Hyperliquid Staking ETF (Ticker: $HYPG), the $HYPE ETP with the lowest gross management fee in the U.S.¹, starts trading tomorrow.
$HYPE is the asset powering 24/7 onchain markets, with @HyperliquidX driving trillions in perpetual trading volume²
Direct $HYPE exposure and staking. In your brokerage account tomorrow.
Hyperliquid.
🆕 Grayscale Research: Hyperliquid is the breakout success story of modern digital assets.
↳ ~$800M in 2025 revenue
↳ 8th largest crypto asset by market cap
↳ No VC backing
↳ Still geoblocked in the U.S.
Our latest report unpacks how it happened, and what's next.
Hyperliquid.
https://t.co/bS3TGy42U5
Friendly reminder to those who own hype and have made considerable amounts of money now dunking on other companies.
Let’s not be smug and alienate future users of the platform. An exchange that is not growing is an exchange that’s dying.
Hyperliquid is for EVERYONE.
There’s a lot of ancient whales and family offices globally that are way too overweight ETH (and other L1s) and need to rebalance into $HYPE.
Garret alone recently capitulated >$1B ETH and is just now beginning his twap.
Enormous amount of firepower for new highs as these folks rotate.