Every 424B that 21shares Hyperliquid Staking ETF (THYP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow THYP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full THYP filings page.
21Shares Hyperliquid Staking ETF (THYP) added its annual report for the fiscal year ended June 30, 2026, to its prospectus. The Trust seeks to track HYPE as measured by the FTSE Hyperliquid Index, adjusted for expenses and liabilities, and to reflect staking rewards when the Sponsor determines staking can occur without undue legal or regulatory risk. The Trust had 1,770,000 outstanding shares as of September 21, 2026.
The Sponsor Fee is 0.30% of NAV, paid in HYPE at least quarterly in arrears. The Trust generally intends to stake between 60% and 100% of its HYPE, though the amount may be lesser or greater. The Sponsor, staking services provider and HYPE custodians receive an aggregate 30% of staking rewards; the remainder is expected to be distributed to shareholders in cash at least quarterly, depending on rewards earned. HYPE ranged from $20.49 to $87.90 from January 1 through September 15, 2026. The Trust also identifies uncertainty around its intended grantor-trust tax treatment.
21Shares Hyperliquid ETF (THYP) filed a prospectus supplement for 21Shares Hyperliquid Staking ETF to incorporate a recent Current Report on Form 8-K. The report describes a Certificate of Amendment filed on August 25, 2026, changing the Trust’s name from “21Shares Hyperliquid ETF” to “21Shares Hyperliquid Staking ETF”.
On August 26, 2026, 21Shares US LLC, as Sponsor, and CSC Delaware Trust Company, as Trustee, entered into a Second Amended and Restated Trust Agreement. The agreement reflects the name change and other ministerial, technical, conforming and clarifying revisions, which are stated not to materially impact the rights of the Trust or holders of Shares.
The 21Shares Hyperliquid ETF Supplement No. 1 adds the Trust’s Quarterly Report on Form 10-Q filed June 24, 2026 and summarizes the Trust’s start-up activity and policies. The Trust reports 2,000,000 shares outstanding as of June 22, 2026, describes NAV calculation (4:00 p.m. ET Pricing Benchmark), and details its staking model, including distribution mechanics, fee allocation, and liquidity considerations.
The Sponsor seeded the Trust: two initial seed Shares at $50.00 each (proceeds $100, March 18–23, 2026 redemption) and later 20,000 Shares at $24.41 per share (proceeds $488,225, May 11, 2026). The Trust charges a 0.30% Sponsor Fee, intends to pay staking-derived cash distributions at least quarterly, and generally intends to stake between 30%–70% of HYPE subject to a utilization analysis.