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.
🆕 Grayscale Research: @Strategy sold $BTC, and the whole market felt it.
The world's largest digital asset treasury offloaded 32 Bitcoin on June 1.
The real story is the pressure on its levered model, and what it means for $BTC.
Read the full article from @lowbeta on the Stack:
https://t.co/IxXJupcri7
This information must be preceded or accompanied by a current Grayscale Hyperliquid Staking ETF ("HYPG or the "Fund") prospectus, which may be obtained by clicking below. Please read the prospectus carefully before investing: https://t.co/gGDQ5bffJi
*Low fee based on gross mangement fee of 0.29%. Brokerage fees and other expenses may still apply
HYPG, an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves risk, including possible loss of principal. An investment in HYPG is subject to a high degree of risk and volatility. HYPG is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in HYPE.
Token performance does not represent actual Grayscale product performance and actual performance may be lower than token performance.
Foreside Fund Services, LLC is the Marketing Agent for the Fund.
"$HYPE is the type of project that many investors in crypto have been looking for" @LowBeta via @TheBlockCo
$HYPG is trading today with a low fee of just 0.29%*
Hyperliquid
https://t.co/fsZUjjLtNA
Learn more about $HYPG and see important disclosures: https://t.co/WPBikIv0cC
This information must be preceded or accompanied by a current Grayscale Hyperliquid Staking ETF ("HYPG or the "Fund") prospectus, which may be obtained by clicking below. Please read the prospectus carefully before investing: https://t.co/gGDQ5bffJi
HYPG, an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves risk, including possible loss of principal. An investment in HYPG is subject to a high degree of risk and volatility. HYPG is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in HYPE.
Token performance does not represent actual Grayscale product performance and actual performance may be lower than token performance.
When the Fund stakes HYPE, HYPE is subject to the risks attendant to staking generally. Staking requires that the Fund lock up HYPE for the period of time required by the staking protocol, meaning that the Fund cannot sell or transfer the staked HYPE, thereby making it illiquid for the period it is being staked. Staked HYPE is also subject to security breaches, network downtime or attacks, smart contract vulnerabilities, and validator or custodian failure or compromise, which can result in a complete loss of the staked HYPE or a loss of any rewards. Potential staking rewards are earned by the Fund and not issued directly to investors.
Foreside Fund Services, LLC is the Marketing Agent for the Fund.
"to house all of finance."
That's the goal @HyperliquidX’s founder laid out to the @WSJ.
$HYPE up 100%+ this past year. ~$16B market cap.
Access $HYPE staking exposure with $HYPG.
https://t.co/Kl3dRispwY
Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3VCVCnxToh
This information must be preceded or accompanied by a current Grayscale Hyperliquid Staking ETF ("HYPG or the "Fund") prospectus, which may be obtained by clicking below. Please read the prospectus carefully before investing: https://t.co/gGDQ5bffJi
HYPG, an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves risk, including possible loss of principal. An investment in HYPG is subject to a high degree of risk and volatility. HYPG is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in HYPE.
Foreside Fund Services, LLC is the Marketing Agent for the Fund.
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 🧵