What to know:
- Grayscale launched the Hyperliquid Staking ETF (HYPG), offering regulated HYPE exposure.
- Hyperliquid generated about $857 million in fees in 2025.
- HYPE price remains a strong performer amid growing institutional interest.
There has been a noticeable increase in institutional interest in Hyperliquid, and subsequently, traders are now wondering if the current upward movement of HYPE could just be the start of a longer-term trend.
Since breaking through multiple significant resistance levels, HYPE price has continued to see significant interest as it maintains its position amongst the best-performing crypto assets in the market today. At press time, the coin is trading at $72.44 at the time of writing, marking a 3.77% gain over the past 24 hours.
Grayscale Brings Hyperliquid Exposure to Traditional Investors
Most recently, Grayscale announced that it had begun trading the HYPE price Staking ETF under the ticker symbol HYPG. This announcement was made by Grayscale via a post on X.
The tweet from Grayscale included information about how HYPE has the lowest gross management fee among all other publicly listed ETPs in the United States and provides an opportunity for investors to gain exposure to HYPE via their traditional brokerage accounts.
Grayscale CEO Peter Mintzberg mentioned the expanding ecosystem for Hyperliquid, stating that the protocol generated approximately $857 million in protocol fees in 2025.
He also noted that institutional interest in the platform is expected to continue expanding, along with HYPE’s ability to operate on a permissionless, 24/7 basis. These factors contributed positively to Grayscale’s bullish outlook for Hyperliquid going forward.
Also Read: HYPE Price Continues Strong Breakout After Bitwise Accumulation, Eyes $100 Target
HYPE Price Maintains Bullish Technical Momentum
According to the data, there is still bullish sentiment in the indicators for HYPE on TradingView, as the asset has broken through multiple resistance levels near $35.75, $42.14, $47.56, and $48.75.
At this time, HYPE continues to remain above both the 200-day and 50-day moving averages, indicating that the breakout trend continues. However, one should be aware of momentum indicators such as the RSI hovering approximately between 71 and 72, therefore placing the market in an overbought condition.
This indicates heavy buying pressure but can also indicate a potential period of consolidation before another move up. Further, if bullish momentum remains in place, HYPE’s price target could reach the psychological resistance areas of $75 and $80.
Grayscale’s decision to launch a Hyperliquid-focused ETF highlights the growing recognition of the network within the digital asset industry. The move could further strengthen Hyperliquid’s position in the market as institutional participation in the ecosystem continues to increase.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: HYPE Price Surge Signals Strong Bullish Trend Toward $100 Target
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