Search results for HYPG
Crypto
Grayscale launches in-kind transfers for crypto ETPs covering BTC, XRP and others
Asset manager Grayscale has introduced an in-kind transfer feature that allows investors to exchange cryptocurrencies they hold for shares of its exchange-traded products without converting them into cash. The feature initially applies to 10 Grayscale crypto ETPs, covering products linked to bitcoin, ethereum, solana, XRP and others. Minimum investment amounts vary by product and stock price. Grayscale said the approach can reduce self-custody burdens and transaction costs.
Crypto
Bitcoin spot ETFs lose ground as Hyperliquid sees inflows; institutional money moves against the trend
Three Hyperliquid spot exchange-traded funds have recorded net inflows of nearly $172 million about a month after their May launch, while about $5.6 billion left bitcoin spot ETFs over the same period, sharply splitting institutional flows. Hyperliquid’s HYPE token rose more than 73 percent over the past month and hit a record $75.96 on June 16. Market participants cite protocol fee generation, buybacks and USDC-related liquidity as drivers.
Crypto
Grayscale lists Hyperliquid staking ETF \'HYPG\' on Nasdaq, fee 0.29 percent
Asset manager Grayscale has listed the Hyperliquid-based staking exchange-traded fund (ETF) HYPG on Nasdaq. The product charges a 0.29 percent fee, the lowest among HYPE spot ETFs listed in the United States, Cryptopolitan reported. The listing brings the number of Hyperliquid spot ETFs launched in the U.S. market to 3 in the past 3 weeks, amid intensifying fee competition. HYPG participates in staking and reflects rewards in net asset value after fees and costs.
