Grayscale Diversifies Custodianship with BitGo

Key Summary

Grayscale has added BitGo as a custodian for its Hyperliquid Staking ETF, HYPG, in a new filing with the SEC. This move aims to diversify the fund's custody setup and reduce reliance on a single provider. The addition of BitGo brings the total custodians to two, with the existing custodian handling the majority of the fund's assets.