Svmuu News: CoinShares announced today the launch of the CoinShares Physical Hyperliquid Staking ETP, designed to provide investors with regulated exposure to Hyperliquid’s native token, HYPE. The product, ticker symbol LIQD, is listed on the Xetra exchange with a 0% management fee, an annualized staking yield of 0.5%, and 100% physical collateralization. As a decentralized perpetual futures exchange, Hyperliquid has processed over $3.8 trillion in trading volume and holds approximately 70% of the on-chain perpetual futures market share. CoinShares CEO Jean-Marie Mognetti stated that the product demonstrates the execution capabilities of decentralized systems at an institutional scale, reflecting the trend toward hybrid finance—the convergence of decentralized innovation and institutional-grade infrastructure.