CoinShares Launches HYPE Staking ETP

Odaily News CoinShares announced today the launch of the CoinShares Physical Hyperliquid Staking ETP, designed to provide investors with regulated exposure to Hyperliquid's native token, HYPE. The product, listed on the Xetra exchange under the ticker LIQD, features a 0% management fee, an annualized staking yield of 0.5%, and is 100% physically collateralized. Hyperliquid, a decentralized perpetual contract exchange, has processed over $3.8 trillion in trading volume, capturing approximately 70% of the on-chain perpetual contract market share. CoinShares CEO Jean-Marie Mognetti stated that this product demonstrates the execution capability of decentralized systems at an institutional scale, reflecting the hybrid finance trend of integrating decentralized innovation with institutional-grade infrastructure.