21Shares Hyperliquid ETF (THYP)Digital Assets | Exchange Traded Fund | NasdaqGM
36.83 USD
-2.12
(-5.433%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:12 a.m. EDT
The 21Shares Hyperliquid ETF is a brand-new vehicle tracking a volatile crypto-native protocol, resulting in a classic 'new issuance' profile where traditional valuation metrics are irrelevant. The price action over the last two weeks shows volatility but no clear trend, oscillating between $35 and $41, which aligns with the neutral statistical forecast that explicitly flags insufficient data for modeling. The recent $0.037 dividend is likely a distribution of initial capital or fees rather than sustainable earnings, making it a non-factor for long-term growth assessments. While the news cycle is buzzing with the ETF launch, the options market reveals a cautious stance with traders placing hedges at deep losses rather than betting on a specific outcome. Given the lack of historical price data to confirm business quality and the inherent risks of the underlying asset class, the prudent approach is to view this as a speculative holding with no established track record, warranting a neutral stance until the underlying ecosystem proves its resilience. |
As of July 11, 2026, 4:12 a.m. EDT: Speculator positioning is sparse and fragmented. Near-term expirations show negligible open interest, indicating a lack of defined directional bets for the immediate week. In longer-dated December contracts, there is a distinct divergence: significant out-of-the-money put open interest at deep strikes ($25) suggests a hedge against a severe crash or a speculative bet on a massive drop, while simultaneous out-of-the-money call open interest at extreme strikes ($60) implies a lottery-ticket bet on a parabolic rally. This 'long gamma' style positioning at the wings, with minimal activity near the money, reflects uncertainty rather than a clear consensus on near-term direction.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-29 | 0.037 | 0.095607 |
| Attribute | Value |
|---|---|
| All Time High | 44.12 |
| All Time Low | 22.54 |
| Ask | 37.02 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 101,140 |
| Average Daily Volume3 Month | 328,809 |
| Average Volume | 328,809 |
| Average Volume10Days | 101,140 |
| Beta3 Year | 0.0 |
| Bid | 36.73 |
| Bid Size | 1 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 37.24 |
| Day Low | 36.52 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 35.595367 |
| Fifty Day Average Change | 1.2384338 |
| Fifty Day Average Change Percent | 0.034791995 |
| Fifty Two Week Change Percent | 65.85782 |
| Fifty Two Week High | 44.12 |
| Fifty Two Week High Change | -7.2861977 |
| Fifty Two Week High Change Percent | -0.16514501 |
| Fifty Two Week Low | 22.54 |
| Fifty Two Week Low Change | 14.2938 |
| Fifty Two Week Low Change Percent | 0.6341526 |
| Fifty Two Week Range | 22.54 - 44.12 |
| First Trade Date Milliseconds | 1,778,592,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | 21Shares US LLC |
| Fund Inception Date | 1,778,457,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,026-05-12 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | In seeking to achieve its investment objective, the Trust will hold HYPE. HYPE is a digital asset. Like all digital assets, buying, holding and selling HYPE is very different from buying, holding and selling more conventional investments like stocks and bonds. Stocks represent ownership in a company, entitling shareholders to a portion of the company’s profits. It is non-diversified. |
| Long Name | 21Shares Hyperliquid ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1967908887 |
| Nav Price | 38.953 |
| Net Assets | 73,757,712.0 |
| Net Expense Ratio | 0.3 |
| Open | 37.08 |
| Previous Close | 38.95 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -2.1161995 |
| Regular Market Change Percent | -5.433118 |
| Regular Market Day High | 37.24 |
| Regular Market Day Low | 36.52 |
| Regular Market Day Range | 36.52 - 37.24 |
| Regular Market Open | 37.08 |
| Regular Market Previous Close | 38.95 |
| Regular Market Price | 36.8338 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 74,238 |
| Short Name | 21shares Hyperliquid ETF |
| Source Interval | 15 |
| Symbol | THYP |
| Total Assets | 73,757,712 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 35.595367 |
| Two Hundred Day Average Change | 1.2384338 |
| Two Hundred Day Average Change Percent | 0.034791995 |
| Type Disp | ETF |
| Volume | 74,238 |