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21Shares Adds Weekly and Monthly Options on Hyperliquid ETF

21Shares Adds Weekly and Monthly Options on Hyperliquid ETF

21Shares has introduced weekly and monthly options trading on its Hyperliquid ETF, giving investors a broader set of tools to manage positions. The new contract durations are designed to accommodate both short-term traders and those with longer investment horizons, the firm said.

More flexibility for different trading styles

The addition of weekly and monthly options expands the range of strategies available on the Hyperliquid ETF. Weekly options allow investors to react quickly to market moves or hedge over a few days, while monthly options provide a longer window for directional bets or income generation.

Options trading already existed on the ETF, but the narrower expiry windows give users finer control over timing. Short-term traders can now use weekly expiries to capture volatility, while longer-term investors can lock in positions for a full month without rolling contracts as often.

What the new options mean for market participants

By offering both weekly and monthly expiries, 21Shares is catering to a wider audience. Active traders often prefer weekly options for their lower premium and quick turnover. Monthly options, on the other hand, appeal to those who want to hold a position through a known event, such as an earnings report or macroeconomic data release.

The move also aligns with a broader trend in the ETF industry, where issuers are adding options to attract retail and institutional investors alike. Options on ETFs allow investors to gain exposure to a basket of assets without buying all the underlying components.

(The facts did not provide further details on the specific contract terms, ticker symbols, or launch date. GFdaily has reached out to 21Shares for comment.)