Grayscale Hyperliquid Staking ETF Common Units of fractional undivided beneficial interest(HYPG)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$27.63
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for HYPG

11/06/2026: HYPG (2-star) is currently NOT-A-BUY. Pass it for now.

HYPG is a specialized ETP offering exposure to the HYPE token and its staking rewards, managed by Grayscale. Its primary strengths are its low 0.29% expense ratio and the potential for yield generation through protocol staking. It serves as a targeted instrument for investors seeking to capture growth in the decentralized finance space rather than a broad crypto play. Key risks include intense volatility, single-asset concentration, and protocol-specific technical or regulatory vulnerabilities. It is most appropriate for high-conviction, risk-tolerant investors who should monitor protocol development and regulatory shifts.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitProvides aggressive exposure to a rapidly expanding decentralized exchange protocol token.
Momentum investorStrong fit while signal remains positiveThe fund captures significant price volatility associated with new blockchain protocols.
Value investorWeak fitDigital asset tokens are speculative and lack traditional value-based metrics.
Dividend/Income investorMixed fitStaking rewards provide a supplemental yield, though it is not a traditional dividend.
Low-risk investorWeak fitThe high volatility of crypto assets makes this unsuitable for low-risk portfolios.

Investor Profile

Ideal Investor Profile

Sophisticated investors with a high risk tolerance seeking targeted exposure to the Hyperliquid blockchain ecosystem.

Suitability

Best suited for growth-oriented investors looking for a long-term crypto holding with staking yields.

Risk Profile

Risk factorLevelWhy it matters
VolatilityHighThe underlying asset is prone to significant, rapid price fluctuations.
Market riskHighThe investment is highly sensitive to broad crypto market trends and regulatory shifts.
ConcentrationHighThe fund holds only a single crypto asset, eliminating diversification benefits.
Tracking/expenseLowThe low 0.29% expense ratio is efficient, minimizing tracking drag.
LiquidityMediumStaking lock-ups and crypto market liquidity constraints can impact exit ease.
Business/sector qualityMedium / highSuccess depends entirely on the long-term utility of the Hyperliquid protocol.

Risk Analysis

Volatility

HYPG exhibits high historical volatility, consistent with emerging blockchain-based assets.

Market Risk

The fund is inherently exposed to the success of the Hyperliquid protocol and the speculative nature of its native HYPE token.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
CurrencyHYPE (Native token of the Hyperliquid protocol)100Provides direct economic exposure to the HYPE token and its associated network staking yield.

Analysis of Past Performance

Type ETF
Historic Profit 12.14%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
ETF Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026
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