21Shares is launching a new spot Hyperliquid ETF called THYP on Nasdaq, providing investors regulated access to Hyperliquid's HYPE token through traditional brokerage accounts. The ETF operates as a grantor trust, allowing staking of HYPE tokens to generate rewards, with a 0.30% annual fee paid in HYPE. Custody is secured by Anchorage Digital Bank and BitGo with insurance coverage, and staking will be managed by Figment Inc., with rewards shared between the trust and the staking provider. The ETF tracks the FTSE Hyperliquid Index and supports large-scale share transactions, but investors should be aware of high volatility, staking lockups, and potential redemption delays. This launch follows 21Shares' recent leveraged Hyperliquid product and comes amid competition from Bitwise and Grayscale, signaling growing institutional interest in Hyperliquid's ecosystem.
Hyperion DeFi plans to deploy 500,000 HYPE tokens on Hyperliquid’s HIP-3 platform to support institutional perpetual markets. This move aims to increase liquidity and attract more institutional investors, potentially driving Hyperliquid's price highe...
Crypto markets gained momentum following the release of CPI data showing a 2.7% year-over-year increase, which aligned with forecasts and raised expectations of a Federal Reserve rate cut. Concurrently, the SEC held discussions with Hyperliquid, a de...
Bitcoin ETFs have experienced significant outflows totaling over $8.2 billion, while Hyperliquid, a decentralized derivatives exchange launched in 2024, has attracted $172 million in inflows into its HYPE spot ETFs since mid-May 2026. The HYPE token ...
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
Recent whale wallet activity shows a shift toward accumulating Bitcoin rather than selling, supported by a 3.25% price increase to $64,514 and Ethereum's 5.04% gain. Reduced outflows from exchanges and steady miner behavior indicate holders are movin...
