Grayscale: Hyperliquid Will Be CEXs’ Biggest Challenger Zach Pandl of @Grayscale says @HyperliquidX is now competing with Binance for the top spot in perpetual futures and has become one of the largest crypto exchanges by open interest. The bigger story isn't simply Hyperliquid's growth. It's what this says about crypto's market structure. For years, CEXs like Binance sat at the top of the trading stack because they offered the deepest liquidity, fastest execution, and easiest access. Hyperliquid is challenging that model with an onchain order book, CEX-like execution, self-custody, and transparent settlement. Binance is still much larger across the broader market. But institutions now have another serious venue for large-scale trading without relying entirely on a centralized exchange. If Hyperliquid continues attracting liquidity, institutional traders, and TradFi markets, the future may not be CEX vs DEX. It could be Binance vs Hyperliquid for the next generation of crypto trading infrastructure.

Grayscale Pushes Litecoin Trust Toward ETF Grayscale Investments has filed an amended SEC statement seeking to convert its Litecoin Trust into a spot ETF. The proposed fund would trade on NYSE Arca under the ticker LTCN if approved. The conversion would also rename the vehicle the Grayscale Litecoin Trust ETF. Bloomberg analysts have placed the approval odds near 100%, according to the latest assessment.

GRAYSCALE BUYS ANOTHER $2.38M LINK Grayscale’s $GLNK ETF received another 203.81K $LINK (~$2.38M) from Coinbase Prime minutes ago. Over the past 18 days, the ETF has received 1.05M $LINK (~$12.12M). Address: 0xe33Bf747197B3c73650E40E3e9024AE5548E0aA7

Grayscale Research believes Zcash $ZEC has a real shot at capturing Bitcoin $BTC market share. @Zcash has second mover advantages Bitcoin doesn't: ↳ Financial privacy in an era of AI-powered surveillance ↳ Cross-chain reach through $NEAR Intents ↳ Active development against cybersecurity threats $BTC and $ZEC are complements. Read more on The Stack:

Grayscale debuts first-ever Zcash ETF The @Grayscale Zcash ETF has debuted on NYSE Arca with the ticker symbol $ZCSH. It becomes the first-ever privacy-oriented cryptoasset offered through an exchange-traded product in America. The new offering is a spinoff of Grayscale Zcash Trust, with more than $313.5M in assets under management. The launch comes amid a 65% rise in $ZEC price over the last 7 days, driven by institutional players front-running the listing on NYSE Arca.

Grayscale is prioritizing BNB Grayscale Investments (@Grayscale) completes its Q2 2026 portfolio rebalancing across three thematic funds, effective as of the August 3 close. The firm’s Smart Contract Fund (GSC) initiates a major structural shift by adding $BNB, which now commands the fund's largest weighting at 30.6%, officially surpassing both $ETH (29.47%) and $SOL (29.15%). The DeFi Fund (DEFG) proportionally redistributed $UNI proceeds into newer yield-focused assets, setting $ONDO at 25.44% and $ENA at 12.19% to capture the growth of on-chain treasuries.

Grayscale investors, get ready for something big... According to Wu Blockchain, @Grayscale is looking to make some serious changes to its @Solana and @Ethereum staking products. Investors could expect to receive quarterly payouts from $SOL and $ETH staking rewards, the firm having paid out some $9+ million in rewards on its $ETH staking product accrued between October and December 2025.