THYP – 21shares Hyperliquid Staking ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the performance of HYPE, as measured by the performance of the FTSE Hyperliquid Index. In seeking to achieve its investment objective, the Trust will hold HYPE. HYPE is a digital asset. Like all digital assets, buying, holding and selling HYPE is very different from buying, holding and selling more conventional investments like stocks and bonds. Stocks represent ownership in a company, entitling shareholders to a portion of the company’s profits. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
THYP	21shares Hyperliquid Staking ETF	ETF	Open	—	—	May 11, 2026	$89.58M	0.300%	—	—	—

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