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Grayscale's HYPG ETF is widely anticipated to launch soon. They are the worlds largest crypto asset manager with $20bn+ of AUM.
In their latest research report, they dive into the growth story and current valuation of HYPE, claiming "Hyperliquid sits at the intersection of two regulatory gaps in the U.S.: perpetual futures and decentralized exchangesβboth of which are now moving toward clearer frameworks."
https://x.com/Grayscale/status/2059641231752433983?s=20
In their latest research report, they dive into the growth story and current valuation of HYPE, claiming "Hyperliquid sits at the intersection of two regulatory gaps in the U.S.: perpetual futures and decentralized exchangesβboth of which are now moving toward clearer frameworks."
https://x.com/Grayscale/status/2059641231752433983?s=20
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