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SIX Swiss Exchange · ETF

Invest in HYPE ETF from India

Indian and foreign residents can buy 21Shares Hyperliquid ETP (HYPE) units directly through Paasa.

By Paasa · Updated

HYPE at a glance

Price
$34.20-$0.91 (2.59%)
Expense ratio
2.5%
Day range
$34.20 – $35.09
Assets
$39.5M
Domicile
Switzerland
Holdings
—
Launched
2025
Dividends
—
1 month
+1.09%
6 months
+120.93%
YTD
+227.90%
1 year
+77.11%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top holding

  1. 1Hyperliquid100.0%

These 1 are 100.0% of the fund.

Similar funds

FundExpense ratioAssets
THYPNASDAQ21Shares Hyperliquid ETF0.3%88.1M

Assets are shown in each fund's own reporting currency.

How to invest in HYPE from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search HYPE and buy

    Find the fund by its ticker, HYPE, on the SIX Swiss Exchange, and place your order.

Why invest in HYPE from India

What HYPE holds

The 21Shares Hyperliquid ETP is a publicly traded investment product designed to offer investors straightforward exposure to the price movements of HYPE, the proprietary digital asset underpinning the Hyperliquid decentralized perpetual futures protocol. This ETP is fully asset-backed, with each unit securely collateralized by actual HYPE tokens.

Hold a dollar asset

HYPE is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy HYPE from India?

Yes. Indian residents can buy 21Shares Hyperliquid ETP (HYPE) through Paasa. It is listed on the SIX Swiss Exchange and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.

What does HYPE invest in?

Its largest holding is Hyperliquid (100.0%). The fund is domiciled in Switzerland.

What is the expense ratio of HYPE?

21Shares Hyperliquid ETP has an expense ratio of 2.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $39.5M.

What tax do I pay in India when I sell HYPE?

Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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