CoinShares has launched an exchange-traded product (ETP) on Deutsche Börse to provide investors with regulated, institutional-grade exposure to Hyperliquid’s native HYPE token.
The CoinShares Hyperliquid Staking ETP allows investors to participate easily and cost-effectively in the performance of the Hyperliquid cryptocurrency (HYPE). The ETN is 100% physically backed by the underlying digital assets.
The ETP has a 0% management fee with a 0.5% annual yield, and is designed for investors seeking targeted exposure to emerging crypto themes. It offers a regulated and accessible way to gain exposure to HYPE.
Jean-Marie Mognetti, CEO and co-founder at CoinShares, said: “Hyperliquid represents exactly the kind of infrastructure we’ve anticipated since we launched the world’s first Bitcoin ETP in 2015: decentralised systems performing at institutional scale, with the transparency and composability that traditional finance cannot replicate.
“The future isn’t TradFi versus DeFi. It’s hybrid finance, the best of both worlds. Hyperliquid exemplifies this convergence, and our Hype ETP gives investors a regulated pathway to participate.”
James Butterfill, head of research at CoinShares, added: “Our approach has always been to develop products for projects we genuinely believe in and have a sound fundamental investment thesis. Hyperliquid’s fundamentals speak for themselves: it has matched centralised exchange volumes while remaining fully on-chain. The 0% management fee and 0.5% yield structure reflects our confidence in this protocol’s long-term positioning.”
