{"id":72430,"date":"2026-05-13T02:11:41","date_gmt":"2026-05-13T02:11:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/21shares-debuts-us-hype-etf-with-1-8m-day-one-volume-on-nasdaq-bitcoin-news\/"},"modified":"2026-05-13T02:11:41","modified_gmt":"2026-05-13T02:11:41","slug":"21shares-debuts-us-hype-etf-with-1-8m-day-one-volume-on-nasdaq-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/21shares-debuts-us-hype-etf-with-1-8m-day-one-volume-on-nasdaq-bitcoin-news\/","title":{"rendered":"21shares Debuts US HYPE ETF With $1.8M Day-One Volume on Nasdaq \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">THYP launched with spot HYPE exposure, staking rewards, and $1.8 million in trading volume.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Investors face staking risks, market-price trading, and no direct individual share redemption.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">TXXH\u2019s daily leverage reset may amplify losses over time.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Hyperliquid ETF Debut Puts THYP in Focus<\/h2>\n<p>Asset management firm 21shares announced on May 12 the launch of the 21shares Hyperliquid ETF (Nasdaq: THYP), offering U.S. investors spot exposure to HYPE and integrated <span>staking<\/span> rewards. The issuer also introduced the 21shares 2x Long HYPE ETF (Nasdaq: TXXH) on the same day as a leveraged companion product.<\/p>\n<p>First-day trading details posted on X by 21shares US showed THYP recorded $1.8 million in <span>trading volume<\/span> and about $1.2 million in net inflows. The post also listed a 0.3% management fee and described THYP as having the lowest management fee for a Hyperliquid ETF as of May 12. THYP trades on Nasdaq with the ISIN US90137V1089 and a May 4 inception date. TXXH was introduced alongside THYP and carries a separate 1.89% management fee, with an April 30 inception date.<\/p>\n<p><\/p>\n<p>The company stated:<\/p>\n<blockquote>\n<p>\u201cThe funds are the first U.S. ETFs designed to provide investors with exposure to HYPE, the native token of Hyperliquid, a next-generation <span>decentralized exchange<\/span> ( <span>DEX<\/span>) that has emerged as a significant <span>liquidity<\/span> hub for 24\/7 on-chain trading infrastructure.\u201d<\/p>\n<\/blockquote>\n<p>Distribution schedules released for THYP show expected quarterly <span>staking<\/span> reward payments beginning June 30. Additional payable dates are listed for Sept. 30 and Dec. 30. THYP is structured as a 33-Act spot exchange-traded product and does not carry the same investor protections as registered funds. TXXH operates as a 40-Act exchange-traded fund with additional oversight requirements.<\/p>\n<h2> <span>Staking<\/span> Rewards and Risk Disclosures Define THYP<\/h2>\n<p>Product materials said THYP may <span>stake<\/span> part of its holdings to generate rewards. That structure introduces risks tied to lock-up periods, unbonding periods and possible slashing penalties if a validator fails to perform or engages in misconduct. <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Staking<\/a> rewards are paid to the trust and are not guaranteed. THYP shares trade at market prices instead of net asset value and are not individually redeemable directly with the fund.<\/p>\n<p>Hyperliquid processes roughly $8 billion in daily <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> and commands more than 50% of <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">decentralized exchange<\/a> perpetual open interest, based on data cited by 21shares. The issuer also cited more than $56 million in monthly trading fees and said more than 95% goes toward daily open-market HYPE buybacks. More than 76% of tokens are allocated to the community, while team tokens are locked until 2028.<\/p>\n<p>Andres Valencia, EVP, Investment Management at 21shares, said:<\/p>\n<blockquote>\n<p>\u201cHaving pioneered the first Hyperliquid exchange-traded product in Europe, we have seen the protocol evolve into a de facto global <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> hub for decentralized derivatives.\u201d<\/p>\n<\/blockquote><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/21shares-debuts-us-hype-etf-with-1-8m-day-one-volume-on-nasdaq\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways THYP launched with spot HYPE exposure, staking rewards, and $1.8 million in trading volume. Investors face staking risks, market-price trading, and no direct individual share redemption. TXXH\u2019s daily leverage reset may amplify losses over time. Hyperliquid ETF Debut Puts THYP in Focus Asset management firm 21shares [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":72431,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72430"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72430"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72431"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}