**[CoinShares Launches HYPE Staking ETP]** Odaily Planet Daily News: CoinShares announced today the launch of CoinShares Physical Hyperliquid Staking ETP, aimed at providing investors with regulated exposure to the native token HYPE of Hyperliquid. The product code is LIQD, listed on the Xetra exchange, with a management fee of 0%, an annualized staking yield of 0.5%, and 100% physical collateralization. Hyperliquid, a decentralized perpetual contract trading platform, has processed over $3.8 trillion in trading volume, accounting for approximately 70% of the on-chain perpetual contract market share. CoinShares CEO Jean-Marie Mognetti stated that the product demonstrates the execution power of decentralized systems at an institutional scale, reflecting the hybrid financial trend of merging decentralized innovation with institutional-grade infrastructure.