Grayscale (@Grayscale)

Over $1 trillion worth of Bitcoin has been sitting dormant—until now Built for institutions holding idle Bitcoin, Hashi from Sui $SUI @SuiNetwork removes the barriers so they can participate in Bitcoin DeFi without the usual constraints. Join Grayscale's Head of Research Zach Pandl @LowBeta and Sui's @EmanAbio as they discuss how Sui is powering Bitcoin finance infrastructure.

Top 15 onchain apps by protocol revenue: $HYPE, $PUMP, $CAKE, $SKY, $JUP, $AAVE, $AERO, $WLFI, $LDO, $MET, $ETHFI, $LIT, $CARDS, $UNI, $RAY Some of the top onchain apps by revenue have real cash flows, low overhead, and single-digit multiples, and with the CLARITY Act potentially weeks away, we believe investors are facing an attractive entry point today. Read more from @LowBeta's latest Stack article here:

Aave @Aave V4 has surpassed $200M in deposits, just ~3 months after launch. Designed to centralize liquidity and bring traditional assets like RWAs onchain, V4 is building the infrastructure for institutional DeFi. @luigidemeo sits down with @Grayscale to break down what a scaled rollout for V4 looks like.

Centralized AI companies like @AnthropicAI are more vulnerable to government intervention. Decentralized AI technology like $TAO @opentensor offers an alternative. Bittensor provides open source, permissionless access to AI through a decentralized global network. Following the suspension of Anthropic's AI model, $TAO rallied sharply, climbing 30% in just 12 hours. Read more on this from @LowBeta on the Stack:

We believe @Zcash $ZEC is the first privacy protocol to participate in a full @AnthropicAI Mythos-level audit Grayscale Zcash Trust (Ticker: $ZCSH) is the only pure $ZEC exposure available in certain U.S. brokerage accounts. See important disclosures and learn more about $ZCSH:

Grayscale has been named in @FortuneMagazine's inaugural Crypto 100. Grayscale is the world’s largest digital asset-focused investment platform, founded in 2013 to make digital asset investing simpler and more accessible. Proud to be recognized among the companies helping shape the future of digital assets.

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:

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 ⬇️