Grayscale has submitted the fifth amended filing for the Hyperliquid Staking ETF, intending to use 2 million HYPE tokens as the seed asset
**Bloomberg ETF Brief: Grayscale Files Fifth Amended Hyperliquid Staking ETF with SEC, Ticker HYPG**
NEW YORK, May 30 — James Seyffart, senior ETF analyst at Bloomberg, reported Tuesday that Grayscale Investments has submitted the fifth amended filing (Amendment No. 5) for its Hyperliquid Staking ETF to the U.S. Securities and Exchange Commission (SEC). The fund will retain its existing ticker symbol, HYPG.
The filing shows the ETF plans to allocate roughly 2 million HYPE tokens as seed assets, worth about $130 million based on current market prices. However, critical details such as the fund’s management fee rate have not been disclosed in the latest submission.
Seyffart noted this amendment is a minor adjustment designed to address potential SEC feedback, polish filing formatting, and implement small technical tweaks. There are no material changes from the version filed the prior day, he added. Core details from that earlier draft—including the Hyperliquid staking mechanism
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Two Former Ukrainian Police Officers Allegedly Kidnap Crypto Entrepreneur, Extort Over $2.2 Million
May 30 – Ukraine’s prosecutor general’s office has wrapped up an investigation into a brutal scheme targeting cryptocurrency industry professionals. Prosecutors say two former Ukrainian police colonels are accused of leading a criminal ring that illegally extorted roughly $2.2 million from multiple crypto entrepreneurs, using kidnapping, unlawful detention, and coercion.
The probe found the group comprised four former law enforcement officers and one civilian with a prior criminal record. They leveraged their police experience, official vehicles, and encrypted communication tools to carry out the crimes. Victims included at least four crypto industry figures: they were tracked down, kidnapped at gunpoint, and forced to either surrender funds or sign fake debt documents.
In one instance, a victim was abducted at gunpoint in Kyiv, forced to sign a fraudulent $5 million debt agreement, and moved between several secret detention sites. Prosecutors note the ring was taken down in November
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Goldman Sachs: Capacitors Could Be the Next Bottleneck in the AI Industry Chain, Related Concept Stocks Expected to Benefit
May 30 – According to a ZeroHedge report citing a Goldman Sachs research note, as AI infrastructure construction advances, the market’s focus is gradually shifting away from GPUs, servers, and data centers toward the electricity and power supply sector. Goldman Sachs identifies capacitors as a key new bottleneck in the AI supply chain, with demand expected to experience explosive growth.
Goldman points out that AI servers’ power consumption is rising steadily, while requirements for power management, energy storage, and power supply stability in high-performance computing (HPC) clusters have increased significantly. This is driving a sharp surge in capacitor usage across AI servers, power modules, liquid cooling systems, and high-speed networking equipment.
The report notes that after high-bandwidth memory (HBM), capacitors are poised to become the next major "gold rush" track in the AI infrastructure investment boom. As AI data centers continue to expand, related capacitor suppliers
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The three major US stock indexes hit new records, with the Dow topping 51,000 points for the first time, as AI and tech stocks continued to lead the market.
May 30
U.S. stocks ended broadly higher on Friday, notching fresh all-time highs across major benchmarks. The Dow Jones Industrial Average climbed 0.72%, breaching the 51,000 threshold for the first time ever. The S&P 500 added 0.2%, while the Nasdaq Composite advanced 0.20%. The S&P 500 logged its ninth straight weekly gain, its longest weekly winning streak since 2023.
AI and tech stocks remained the market’s top performers. Dell Technologies jumped 32.76%—its best single-day rally in history—driven by strong demand for AI servers and an upgraded full-year performance outlook. NetApp gained 22.39% as AI-powered storage demand fueled growth. BlackRock’s iShares Expanded Tech-Software Sector ETF (IGV) surged over 8%, notching a 21% monthly climb in May, its strongest such performance since 2001.
Market risk appetite continued to build. Goldman Sachs quantitative strategist Brian Garrett noted roughly 70% of all options trading volume was call contracts, with S&P 500 call volume
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NVIDIA Bets Over $6.5 Billion on Photonics Technology to Enhance AI Infrastructure and Tackle 'Data Transfer Bottleneck'
On May 30, NVIDIA announced it’s committing at least $6.5 billion total into photonics and optical networking firms since March of this year, aiming to tackle the data transfer and power consumption bottlenecks plaguing AI data centers.
Per reports, NVIDIA put $2 billion apiece into Lumentum, Coherent, and Marvell, plus $500 million into Corning for optical interconnect system R&D, alongside taking part in a $500 million Series E funding round for optical startup Ayar Labs.
Photonics tech uses light signals to send data instead of traditional copper-wire electrical signals, delivering massive bandwidth gains and sharp cuts in energy use. It’s viewed as foundational infrastructure for next-gen AI data centers. As AI models grow exponentially, demand for data sharing across thousands of GPUs has skyrocketed, making network interconnection a new bottleneck—right behind computing chip power.
NVIDIA CEO Jensen Huang told attendees at March’s GTC conference that the firm is speeding
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The a16z affiliate entity has once again increased its holdings by 226,100 HYPE tokens, having acquired a total of 3.9 million HYPE tokens at an average price of $49.4 per token.
On May 30th, on-chain analytics provider Lookonchain reports that a whale address affiliated with venture capital firm Andreessen Horowitz (a16z) has once again purchased 226,121 HYPE tokens, worth around $14.5 million. Since April 14, this whale has accumulated a total of 3.9 million HYPE tokens overall, with a total value of roughly $192.6 million and an average purchase price of approximately $49.4 per token.
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