Grayscale Adds BitGo To Hyperliquid Staking ETF Custody Setup

TL;DR: Grayscale has added BitGo Bank & Trust as an additional custodian for a portion of the HYPE held by its Hyperliquid Staking ETF. The SEC filing shows how increasingly complex altcoin and staking products are building institutional custody structures around assets that once traded almost entirely inside crypto-native venues.
Hyperliquid’s move into regulated investment products is gaining another piece of institutional infrastructure.
Grayscale has added BitGo Bank & Trust as