This information must be preceded or accompanied by a current Grayscale Hyperliquid Staking ETF ("HYPG or the "Fund") prospectus, which may be obtained by clicking below. Please read the prospectus carefully before investing: HYPG, an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves risk, including possible loss of principal. An investment in HYPG is subject to a high degree of risk and volatility. HYPG is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in HYPE. Foreside Fund Services, LLC is the Marketing Agent for the Fund.

Grayscale Hyperliquid Staking ETF ("HYPG or the "Fund"), an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves risk, including possible loss of principal. An investment in HYPG is subject to a high degree of risk and volatility. HYPG is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in HYPE. ¹ Lowest fee based on gross management fee of 0.29%. Brokerage fees and other expenses may apply. ² Source: Artemis, as of April 2026 This information must be preceded or accompanied by a current Grayscale Hyperliquid Staking ETF prospectus, which may be obtained by clicking below. Please read the prospectus carefully before investing: Staking Risk. When the Fund stakes HYPE, HYPE is subject to the risks attendant to staking generally. Staking requires that the Fund lock up HYPE for the period of time required by the staking protocol, meaning that the Fund cannot sell or transfer the staked HYPE, thereby making it illiquid for the period it is being staked. Staked HYPE is also subject to security breaches, network downtime or attacks, smart contract vulnerabilities, and validator or custodian failure or compromise, which can result in a complete loss of the staked HYPE or a loss of any rewards. Potential staking rewards are earned by the Fund and not issued directly to investors Foreside Fund Services, LLC is the Marketing Agent for the Fund.

Grayscale Hyperliquid Staking ETF (Ticker: $HYPG), the $HYPE ETP with the lowest gross management fee in the U.S.¹, starts trading tomorrow. $HYPE is the asset powering 24/7 onchain markets, with @HyperliquidX driving trillions in perpetual trading volume² Direct $HYPE exposure and staking. In your brokerage account tomorrow. Hyperliquid.

Perpetual futures are coming to America. On May 29, the CFTC approved the first perp futures contract on a US regulated venue. Another export from crypto to traditional finance, after stablecoins and tokenized assets. A step toward DeFi platforms like Hyperliquid reaching US users. Read the full article from @LowBeta on the Stack:

Stablecoins aren't just a US story. @John1wu spoke to @LowBeta on what @avax is quietly building across Asia and LatAm: ↳ @StraitsX + Monetary Authority of Singapore. ↳ @Alipay and GrabPay rails. ↳ Nonco doing on-chain FX in LatAm. ↳ @rain as the on/off ramp. The non-US stablecoin universe is here.

The CLARITY Act just cleared the Senate Banking Committee 15-9. Two Democrats crossed the aisle. @Polymarket and @Kalshi put 2026 passage odds near 70%. What's next? Read the full article from the Grayscale Research team on the Stack:

🆕 Grayscale Research: US inflation is accelerating and the Fed is stuck. Markets see no cuts until Sept 2027. We believe this points to three implications for crypto: 1/ Headwinds for debasement trades 2/ Tokenized fixed income accelerates 3/ Stablecoin issuers earn more on reserves Read the full article from @LowBeta on the Stack:

Grayscale Chainlink Trust ETF (Ticker: $GLNK) - now available at low fees¹. Gain exposure to the $LINK between crypto and traditional finance with $GLNK, available in your brokerage account now.

Grayscale welcomes the Senate Banking Committee’s advancement of the Clarity Act, an important milestone in the effort to modernize the regulatory framework for digital assets. For investors and market participants, clear market structure rules can help reduce uncertainty, improve accountability, and support more durable participation in the asset class. Congratulations to all the Senators and staffers who have worked tirelessly to get to this critical milestone. We appreciate the bipartisan work that helped bring the legislation to this point and look forward to continued progress toward a framework that gives digital assets a stronger foundation in U.S. markets.

For $BTC, many early adopters trace their conviction to a single @WIRED piece in Nov 2011. Today's WSJ article on @Zcash $ZEC feels like one of those moments. Grayscale Zcash Trust (Ticker: $ZCSH) is the only pure-play and publicly traded @Zcash $ZEC fund in the world. Read the full article:

The decentralized intelligence thesis keeps building. Grayscale Bittensor Trust (ticker: $GTAO) is open for private placement for eligible accredited investors. Learn more and see important disclosures:

Two of the themes shaping the next cycle: financial privacy and decentralized intelligence. We believe $ZEC and $TAO are leading both conversations. Grayscale provides pure exposure to both through $ZCSH and $GTAO ⬇️

Proud of our impressive presence at @CoinDesk’s @consensus2026 Miami last week The @Grayscale team spent time with the partners, protocols, and innovators actively building the digital asset economy Coming together from across the ecosystem is what drives our industry forward

OK let's do this: we're weighing in on the contentious issue of $ETH's supply model TLDR: We think a change is warranted and would be bullish for $ETH longer-term The topic is a good litmus test for how people think about valuing crypto assets! Our take ⬇️⬇️