CoinShares Hyperliquid Staking ETP (LIQD)

Profile

CoinShares Hyperliquid Staking ETP is a physically backed exchange-traded product that provides regulated exposure to Hyperliquid’s native HYPE token within traditional securities accounts. The product is designed for investors who want targeted access to the on-chain derivatives ecosystem built on the Hyperliquid network, while using familiar brokerage and custody infrastructure. It tracks the value of HYPE through a physically collateralised note structure, with underlying tokens held in institutional-grade custody, and incorporates on-chain staking to add staking-related returns on top of spot price movements. The ETP features a total expense ratio of 0% and is structured as an accumulating product, with rewards retained within the instrument rather than distributed as cash. CoinShares Hyperliquid Staking ETP forms part of CoinShares’ broader range of digital asset ETPs, extending its offering in the cryptocurrency segment and giving both institutional and professional investors streamlined access to decentralised finance themes without the need to manage wallets, private keys, or direct staking operations themselves.