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21Shares to Launch Hyperliquid ETF (THYP) on May 12, 2026: Key Terms
21Shares US said the 21Shares Hyperliquid ETF, trading as THYP, will begin trading on May 12, 2026, offering brokerage-account exposure to Hyperliquid's HYPE token. The prospectus describes a Nasdaq-listed grantor trust that holds HYPE directly, charges a 0.30% annual sponsor fee, and plans to stake part of its HYPE via Figment with the intent to pay quarterly cash dividends from staking rewards.
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