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Grayscale launches Hyperliquid Staking ETF (HYPG)

Grayscale introduces the Hyperliquid Staking ETF (ticker HYPG), the largest fund tracking Hyperliquid’s native token HYPE with a 0.29% management fee. The fund offers exposure to HYPE and notes upcoming collaboration between Intercontinental Exchange and Trade[XYZ] to bring 24/7 perpetual futures to the US, pending regulatory approval. Risks include volatility, staking lock‑up, and potential security breaches.

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