Grayscale has moved closer to launching its Hyperliquid exchange-traded fund after adding a 0.29% sponsor fee and HYPG ticker to its amended registration filing.
Grayscale has taken a significant step toward launching its Hyperliquid Staking ETF by establishing a sponsor fee of 0.29%. The revised regulatory filing confirmed HYPG as the official trading symbol.
Grayscale is intensifying competition in the emerging market for Hyperliquid investment products, unveiling a 0.29% sponsor fee for its upcoming Hyperliquid ETF as asset managers race to capture institutional demand for one of crypto's fastest-growing blockchain ecosystems.
Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure to the market's largest crypto funds.
Hyperliquid has surged to a new all-time high of $73.7 as institutional inflows, aggressive token buybacks, and mounting losses among leveraged short sellers fuel one of the strongest rallies in the crypto market. According to data from crypto.
The HYPE token broke through $70 to reach a new all-time high of $74.04, driving its market capitalization past $16 billion. HYPE Flips DOGE as Market Cap Crosses $16B HYPE kicked off June with another milestone as the token breached the $70 mark on its way to tapping an all-time high.
HYPE continues its record-breaking run as traders sit on massive gains. The next move could reveal what's really driving the rally.
Hyperliquid (HYPE) has established a new price peak at $70.36, propelled by sustained acquisition activity, institutional whale movements, and increasing visibility from prominent crypto investors.
Hyperliquid (HYPE) has managed to break the ceiling on what was thought possible in a crypto bear market. During a time when the likes of Bitcoin and Ethereum have struggled to hold up, the perpetual decentralized exchange (DEX) saw its native token price explode by more than 60% in only one month.
HYPE's rise highlights the growing institutional interest in DeFi, potentially reshaping traditional finance's approach to decentralized platforms. HYPE rises to 10th by market cap, signaling a new era for Hyperliquid.
Hyperliquids native token, HYPE, has officially overtaken Dogecoin (DOGE) in market capitalization, earning a place among the top 10 cryptocurrencies by market value. The milestone represents a significant shift in the digital asset market, highlighting growing investor preference for utility-focused crypto projects over meme-based tokens.
BitMEX co-founder Arthur Hayes has doubled down on his bullish outlook for Hyperliquid (HYPE), predicting that the fast-growing cryptocurrency could eventually surpass Solana (SOL) in market capitalization before the current crypto bull cycle concludes. In a recent post on X, Hayes dismissed growing concerns about a prolonged market downturn and highlighted Hyperliquids strong momentum.