21Shares, a leading ETP issuer, has announced the launch of Hyperliquid ETP on the SIX Swiss Exchange, providing a new way to access cryptocurrency.
What is Hyperliquid ETP and Why Does It Matter?
Hyperliquid ETP (Exchange Traded Product) will allow investors to gain exposure to the performance of Hyperliquid (HYPE), a decentralized perpetual exchange. This important product provides a convenient way to invest in crypto assets through a regulated investment form, simplifying access to the DeFi market.
21Shares' Expertise in Crypto ETPs
21Shares has effectively positioned itself as a pioneer in the cryptocurrency ETP space. The company ensures security and compliance, offering investment opportunities for various digital assets. The new version of the ETP highlights their commitment to innovation and market expansion.
Trading Details and Exchange Significance
Hyperliquid ETP will trade under the ticker HYPE on the SIX Swiss Exchange, one of the leading stock exchanges in the world. This exchange is known for its high regulatory standards and liquidity. The annual management fee for the Hyperliquid ETP will be 2.5%, covering the operational costs associated with management and regulatory compliance.
The launch of Hyperliquid ETP by 21Shares on the SIX Swiss Exchange expands opportunities for investors, creating a bridge between traditional financial markets and decentralized financial instruments.
