Grayscale HYPG and Payward’s Hyperliquid plans highlight two routes into HYPE

Grayscale’s Hyperliquid Staking ETF, trading on Nasdaq as HYPG, provides one route to HYPE exposure as other companies explore using Hyperliquid ’s infrastructure for regulated U.S. trading. Recent fund filings and a separate proposal from Payward show how those two approaches are developing. HYPG began trading on 3 June 2026. Grayscale designed the product to hold HYPE , Hyperliquid’s native asset, and participate in network staking. A September custody agreement, disclosed in an October prospectus supplement, adds another service provider to the fund’s arrangements. Grayscale describes Hyperliquid as a blockchain built around onchain trading infrastructure, including perpetual futures.

Source: Crypto Breaking News