- Asset manager 21Shares has launched two new Hyperliquid ETPs, giving US investors exposure to the growing offshore sector.
- The Hyperliquid protocol has over 50% interest in the DeFi-based sector for the foreseeable future, making it a major source of income.
- With intraday trading, the price of Hyperliquid is getting close to resuming major support at $39.
The price of Hyperliquid is down 4.75% during Tuesday’s US market to trade at $40.07. The sale followed a 2% drop in Bitcoin amid tensions between the US and Iran and a higher-than-expected increase in US consumer prices in April. Despite the low prices, HYPE funds are about to witness rising Inflows in institutions. two exchanged currency21shares spot Hyperliquid ETP (THYP) and 21Shares 2x Long Hyperliquid ETF (TXXH).
21Shares Launches Two Nasdaq-Listed Securities for Hyperliquid’s HYPE Token
21 Sections has launched two new exchange-traded products (ETPs) that offer direct access to HYPE, the home brand of Hyperliquid, one of the world’s largest futures trading platforms.
The first Hyperliquid ETP facility was built under the 1933 Act. It has real HYPE tokens and aims to manage the value of the token in the real estate market. Unlike the old ETFs of the 1940 Act it does not have all the securities, including independent management. The sponsor will take part of the sales in exchange for other rewards, but this can have lock-in times, delays in dealing and the risk of forfeiture if the sponsor does not perform well. Storage is provided by the well-known Anchorage Digital and BitGo, and is fully insured.
The second product, the 2x Long Hyperliquid ETF, is a 1940 Act Leveraged Fund that aims to double the daily gains of HYPE through the use of derivatives and daily rebalancing. Like other used products, it is designed for those with high incomes who know about daily recycling, increase and irreversible damage. In volatile or sideways markets, returns can deviate from the trend and exceed 2x for a long period of time – and in extreme cases, the price of the commodity saw a significant loss in one trading session.
| Ticker | ISIN | Exchange | Money | Fees | Introduction | Day The giver |
| THYP’s photo | Price US90137V1089 | The price of NASDAQ | USD | 0.30% | 4 May 2026 | 21Shares US LLC |
| TXX | Price US53656H7364 | The price of NASDAQ | USD | 1.89% | 30 April 2026 | 21Shares US LLC |
Hyperliquid in Focus
Hyperliquid is a Layer-1 blockchain designed for high-performance trading. It processes orders on-chain through a virtual book of central limits, offering second-rate latency and high throughput, with the ability to process more than 200,000 orders per second. Volumes have been settling in the billions of dollars every day and over the life of the platform, billions have been sold. It doesn’t charge traditional gas fees for bulk usage.
A large portion of the marketing budget – often millions of dollars per month – is spent on buying into the HYPE market. Most tokens are divided into groups and group tokens are issued in the period leading up to 2028, encouraging the growth of the community. Hyperliquid has also launched its own virtual machine that will allow developers to create more DeFi apps that share the most efficient parts.
“After pioneering the first Hyperliquid ETP in Europe, we have seen the process evolve into the defacto global platform for derivatives,” said Andres Valencia, EVP, Investment Management at 21shares.
“We are impressed with the strength of Hyperliquid’s fundamentals and its growth in the economy – having generated over $4 trillion in volume since inception and controlling 50% of the DEX’s perpetual open3. Bringing THYP and TXXH to the US market allows us to address the gap for American investors to find a way to invest in America. The best way to create decentralized trading tools.”
The expected distribution date for THYP’s main awards is below:
| Announcement Date | Ex Date | Date of Writing | Due Date |
| 6/26/26 | 6/29/26 | 6/29/26 | 6/30/26 |
| 9/28/26 | 9/29/26 | 9/29/26 | 9/30/26 |
| 12/28/26 | 12/29/26 | 12/29/26 | 12/30/26 |
Key Points and Risks in this Hyperliquid ETP
HYPE is still volatile, and annual volatility is often over 100%. Its price is determined by regular sales, network setup, competition between centralized and centralized exchanges, and general crypto market sentiment.
They all have high levels of risk for one thing. There are mechanical risks, portfolio risks, and incremental risks and channel dependence for Hyperliquid ETP investors. Real estate fees start at around 0.30% for regulatory fees, and all interest payments must be completed.
These products will be available for trading on the Nasdaq on May 12, 2026, after the SEC reviews their regulatory filings. Licenses are the catalyst for creation and redemption, and secondary markets depend on market makers and investor demand.
In short, this launch represents a major step in bringing sustainable and sustainable exposure to one of the most successful platforms in DeFi. However, it is not suitable for all sellers. Before investing, buyers should carefully read the prospectus and be aware of the various risks associated with physical price exposure versus daily returns.
Hyperliquid Price to Retest Main Channel Support
Since the end of January low $20.8, the The price of HYPE shares saw a steady rally within the two parallel channels, so far trading at $40.18, registering a gain of 95.8%. Two lines that act as resistance and support indicate the formation of a parallel channel chart.
At today’s price drop, the coin price is only 3.8% away from the mid-line at $39. If the help is working, Hyperliquid HYPE-3.87% the price may witness another strong upward trend and drive its next risk above $50.
Despite the launch of the Hyperliquid ETP, a breakdown under this trend could lead to a correction of up to $30.
