CoinShares International Limited has introduced the CoinShares Physical Hyperliquid Staking ETP, a new exchange-traded product offering direct exposure to HYPE tokens. This physically backed ETP, trading under the ticker symbol LIQD, features a 0% management fee, making it an attractive option for investors. The product will initially be available on the Xetra exchange, providing a platform for staking and enhancing liquidity in the digital asset market.