Grayscale Adds BitGo To Hyperliquid Staking ETF Custody Setup

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: Grayscale has added BitGo Bank & Trust as an additional custodian for a portion of the HYPE held by its Hyperliquid Staking ETF. The SEC filing shows how increasingly complex altcoin and staking products are building institutional custody structures around assets that once traded almost entirely inside crypto-native venues. Hyperliquid’s move into regulated investment products is gaining another piece of institutional infrastructure. Grayscale has added BitGo Bank & Trust as an additional custodian for the Grayscale Hyperliquid Staking ETF, according to a filing with the Securities and Exchange Commission. Under the arrangement, BitGo will provide custody and safekeeping services for a portion of the trust’s HYPE holdings. At first glance, adding another custodian may look like a re...