The trust's registration took effect June 2. Its shares trade under the ticker HYPG.
Grayscale's staking ETF filing lands as HYPE navigates a $340 million token unlock and rising whale demand.
Hyperliquid's 24/7 perpetual futures are now visible on the Bloomberg Terminal, giving institutional users real-time access to prices across crypto, commodities, equities, indexes, and FX. At the same time, a new USDC yield mechanism has delivered its first $14.58 million payment to the protocol's HYPE-buyback fund.
The integration may boost Hyperliquid's market visibility and valuation, potentially attracting more institutional interest and partnerships. Bloomberg Terminal integrates 24/7 Hyperliquid prices for enhanced market data.
The positions total 2,165.8 BTC and 80,235.38 ETH. Their combined unrealized loss is about $49.4 million.
BitGo may safeguard part of the trust's HYPE holdings under an agreement dated Sept. 30. Anchorage Digital Bank remains the primary custodian.
Grayscale's move to diversify custodianship could enhance security and operational efficiency, impacting investor confidence and market dynamics. Grayscale adds BitGo as custodian for its Hyperliquid staking ETF in new 8-K filing.
Shorts make up 52.97% of the positions, while longs account for 47.03%. One five-times-leveraged Ether short has an unrealized loss of $42.1439 million.
The fund's fee conversion mechanism links protocol fees to a reduction in HYPE supply.
Hyperliquid bought and burned 112.58K HYPE, worth $10.15 million.
The 21Shares Hyperliquid ETF was the only fund with an outflow. Combined cumulative net inflows remained at $343 million.
The 1,117.15 ETH position had an average entry price of about $2,710.50 and an unrealized loss of roughly $400.