Grayscale has added BitGo Bank & Trust as an additional custodian for its Hyperliquid Staking ETF (HYPG), effective September 30, 2026. This move spreads custody of the fund’s HYPE tokens, reducing reliance on a single provider and enhancing security for the $217.8 million in assets under management. HYPG, which charges a 0.29% management fee, stakes about 88.66% of its assets to generate average gross rewards of 2.26%. The fund, launched in June 2026, competes with similar products from 21Shares and Bitwise, offering a slightly lower fee and a strategic custody setup to support network participation and investor liquidity.
Grayscale's update on its Hyperliquid Staking ETF custody is presented alongside Pluang's cryptocurrency market snapshot. For readers following digital assets, here is Pluang's market data as of Oct 06, 2026 08:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 20 rose and 29 fell today. Notable movements include ONE (Harmony) at Rp42 with a 1-day change of -2.82% and Pluang order activity showing 34% Sell / 66% Buy, MANA (Decentraland) at Rp1.899 with a 1-day change of +2.82% and order activity 57% Sell / 43% Buy, and ALGO (Algorand) at Rp2.271 with a 1-day change of -2.70% and order activity 88% Sell / 12% Buy.
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