Hyperliquid (HYPE) Sees $5M+ Inflow as Grayscale Expands ETF Position

Grayscale is expanding its cryptocurrency portfolio beyond Bitcoin and Ethereum. The asset manager currently oversees approximately $12.5 billion in Bitcoin and around $500 million in Ethereum.

Building on those holdings, Grayscale’s HYPG ETF has acquired more than $5 million worth of Hyperliquid (HYPE) over the past two days, increasing the firm’s exposure to the emerging digital asset.

Source: Arkham