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Grayscale Hyperliquid Staking ETF (HYPG)

Digital Assets | Exchange Traded Fund | NasdaqGM
28.25 USD -1.87 (-6.216%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 28.63 +0.38 (1.354%) ⇧ (Aug. 28, 2026, 7:35 p.m. EDT)

Short-term:★★★★⯪Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 2:06 a.m. EDT

The immediate narrative is one of explosive momentum driven by the fresh SEC approval and the launch of the lowest-fee Grayscale Hyperliquid ETF. Price action confirms this, surging nearly 35% in just two weeks to hit a new high of $26.54, breaking decisively above key moving averages. This is a classic high-conviction momentum play where the catalyst (regulatory clearance) has just ignited a trading frenzy. However, investors must remain wary of the underlying asset's volatility; the options market is screaming caution for the long term, with massive put buying at distant expirations hinting at a potential 'crypto winter' or severe correction later in the year. While the short-term setup is exceptional for aggressive traders, the lack of historical price data and the inherent risks of staking a volatile altcoin prevent any long-term buy recommendation at this stage.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.101272
MSTL0.103251
AutoARIMA0.105185
AutoTheta0.105209

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 33%
H-stat 3.81
Ljung-Box p 0.000
Jarque-Bera p 0.144
Excess Kurtosis -0.26

As of Aug. 22, 2026, 2:06 a.m. EDT: Speculators are positioning for a volatile breakout above $26, evidenced by heavy open interest in $25 and $26 calls for the September expiration. Conversely, there is significant defensive positioning with deep out-of-the-money puts ($13-$19 strikes) for the March 2027 expiry, suggesting a fear of a prolonged drawdown or a 'crash' scenario far into the future. The implied volatility is elevated across the board, reflecting uncertainty around the new ETF's performance relative to the underlying crypto asset.


Dividend Data

Dividend History
Date Dividend Yield %
2026-08-04 0.029 0.147433
Additional Data

Info Dump

Attribute Value
All Time High 30.71
All Time Low 18.47
Ask 20.36
Ask Size 1
Average Daily Volume10 Day 153,820
Average Daily Volume3 Month 108,453
Average Volume 108,453
Average Volume10Days 153,820
Beta3 Year 0.0
Bid 20.16
Bid Size 1
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 30.16
Day Low 27.83
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.4506
Fifty Day Average Change 5.797001
Fifty Day Average Change Percent 0.2582114
Fifty Two Week Change Percent 15.935337
Fifty Two Week High 30.71
Fifty Two Week High Change -2.4623985
Fifty Two Week High Change Percent -0.08018231
Fifty Two Week Low 18.47
Fifty Two Week Low Change 9.777601
Fifty Two Week Low Change Percent 0.52937746
Fifty Two Week Range 18.47 - 30.71
First Trade Date Milliseconds 1,780,493,400,000
Full Exchange Name NasdaqGM
Fullday Change -1.8724
Fullday Change Percent -6.21647
Fullday Price 28.63
Fund Family Grayscale
Fund Inception Date 1,780,358,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,026-06-03
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary While an investment in the Shares is not a direct investment in HYPE, the Shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to HYPE.
Long Name Grayscale Hyperliquid Staking ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1991042499
Nav Price 28.69
Net Assets 104,975,960.0
Net Expense Ratio 0.29
Open 29.79
Post Market Change 0.3823986
Post Market Change Percent 1.3537383
Post Market Price 28.63
Post Market Time 1,787,960,130
Previous Close 30.12
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.8724003
Regular Market Change Percent -6.2164683
Regular Market Day High 30.16
Regular Market Day Low 27.83
Regular Market Day Range 27.83 - 30.16
Regular Market Open 29.79
Regular Market Previous Close 30.12
Regular Market Price 28.2476
Regular Market Time 1,787,947,200
Regular Market Volume 188,875
Short Name Grayscale Hyperliquid Staking E
Source Interval 15
Symbol HYPG
Total Assets 104,975,960
Tradeable 0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 22.445
Two Hundred Day Average Change 5.802601
Two Hundred Day Average Change Percent 0.2585253
Type Disp ETF
Volume 188,875