Grayscale Hyperliquid Staking ETF
HYPG
NASDAQ Global Market- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Grayscale Investments (primary business activity: digital asset investment platform) operates as a leading digital-asset-focused investment platform offering access to cryptocurrency and related financial products through rapidly expanding exchange-traded products and trusts. The firm specializes in creating and managing investment products that provide broad exposure to digital assets and blockchain ecosystems, including structured products that combine price appreciation with yield generation through staking and protocol participation. The company is headquartered in Stamford, Connecticut, and serves institutional and high-net-worth investors with a range of product structures designed to simplify access to digital asset markets, regulate custody and administration, and deliver transparent pricing and fund governance. Main products and services - Hyperliquid staking exposure ETFs and similar ETPs: provide investors with exchange-traded access to the performance of native tokens of staking-enabled networks, while incorporating staking rewards through a regulated fund structure; aims to deliver price performance alongside staking-derived yield. - Digital asset investment trusts and ETFs: provide diversified or targeted crypto exposure via publicly traded vehicles; include regulatory-compliant custody, administration, and reporting for institutions. - Staking-enabled product wrappers: offer yield opportunities by participating in network staking within a fund framework, with net staking yields reflected in fund NAV after fees. - Custody and administration services considerations: appoints established custodians and administrators to ensure secure asset custody, regulatory compliance, and NAV calculations; integrates with trusted financial infrastructure for governance and reporting. - Market access products for institutions: create cost-efficient and transparent access points (low-fee structures where applicable) to digital-asset exposures through regulated exchange-traded formats. Geographic operations and business scope - North American market focus with listings and trading on U.S. exchanges; supports global investors seeking regulated access to digital assets via listed products. - International naming and branding adjustments reflect product expansions and platform strategy, with emphasis on regulatory alignment and investor protections. Founding year and headquarters - Grayscale Investments establishes its operations in the 2010s, with the current leadership and corporate structure centered in the United States; headquarters are in Stamford, Connecticut. Subsidiaries and corporate relationships - Maintains partnerships with custody and administrator providers to support fund operations; operates as part of Grayscale, a broader digital-asset investment platform, leveraging relationships with financial market infrastructure to distribute and manage its products. Latest major company changes - Introduction of the Grayscale Hyperliquid Staking ETF (HYPG) as a new U.S.-listed ETF, delivering low gross-fee exposure to HYPE and introducing staking yield participation within a regulated ETP framework; the product branding emphasizes staking and Hyperliquid protocol exposure, marking a strategic expansion into staking-enabled assets and yield-related returns. - Filing amendments and regulatory updates to HYPG to reflect staking yield exposure and custody/administration arrangements, aligning product structure with Ethereum ETF models and confirming regulatory compliance pathways; these updates signal ongoing product optimization and expansion in staking-driven digital-asset offerings. - Partnerships and administrative arrangements with leading custodians and fund administrators to support HYPG’s launch and ongoing operations, reinforcing the firm’s commitment to regulated, transparent fund servicing for institutional investors. Notes - The HYPG product specifically targets exposure to HYPE, the native token of the Hyperliquid protocol, and is designed to capture both price appreciation and staking rewards as part of a single exchange-traded offering. The fund structure emphasizes cost efficiency with one of the lowest gross fees among its peers in the Hyperliquid ETF space, aligning with Grayscale’s broader strategy to lower barriers to access for institutional participants while maintaining regulatory-grade governance and custody standards.