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LTCC vs THYP

Canary Litecoin ETF

LTCCDNasdaq

21Shares Hyperliquid ETF

THYPANasdaq

Overlap

Expense ratio

THYP −0.65pt a year

LTCC0.95%THYP0.30%

Avg volume · 30D

THYP 2.3×the volume

LTCC34.4KTHYP80.2K

LTCC vs THYP Performance

Aug 7, 2026 – Nov 9, 2026

+13.2%LTCC+37.5%THYP

Aug 7, 2026 to Nov 9, 2026. LTCC +13.2%. THYP +37.5%. Use the arrow keys to read each point.0%60%80%Aug 2026Sep 2026Nov 2026
Expense ratio
LTCC 0.95%
THYP 0.30%, better
Fund size
LTCC $12M
THYP $54M
1Y total return
LTCC −49.6%
THYP No data
Holdings
LTCC 2
THYP 1
Avg volume (30D)
LTCC 34.4K sh
THYP 80.2K sh, better
NAV per share
LTCC $12.81
THYP $45.35
52W range

ETF.net Grade

LTCC: Cost 10, Risk 33, Mission 75, Tradability 40, Holdings not scored, Durability 46. THYP: Cost 85, Risk 70, Mission not scored, Tradability 70, Holdings 56, Durability 41.
Pillar letters and Scores for LTCC, THYP, with each pillar’s weight
PillarLTCCTHYP
Cost30% weightF10A85Higher
Mission25% weightA75Not scored
Risk15% weightD33A70Higher
Tradability15% weightC40A70Higher
Holdings10% weightNot scoredB56
Durability5% weightC46HigherC41

Rank among Crypto Spot funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LTCC and THYP are both graded against the same 25 Crypto Spot funds, so their Grades compare head to head.

Crypto Spot⁠

Category · 25 funds
See all 25 ›

THYP ranks 3rd and LTCC 21st of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 80
  3. Rank 3ATHYP21Shares Hyperliquid ETFScore 74
  4. Rank 4ATOXR21shares XRP ETFScore 73
  5. Rank 20CTDOG21Shares Dogecoin ETFScore 40
  6. Rank 21DLTCCCanary Litecoin ETFScore 39
  7. Rank 22DHBRCanary HBAR ETFScore 37

Our read on each fund

ETF.net Research

LTCCDCanary Litecoin ETF

THYPA21Shares Hyperliquid ETF

In short

LTCC A single-coin wrapper for Litecoin: the trust holds the actual coin, values shares off a CoinDesk Litecoin benchmark, and delivers the ride through a brokerage account. Convenience is the product, and it is priced that way.

THYP The first US spot ETF for HYPE, the token behind the Hyperliquid perpetuals exchange. It holds the coin directly, stakes a slice of it, and charges less than the typical spot-crypto fund.

Stated mandate

LTCC Passive vehicle intended to provide exposure to Litecoin held by the Trust, less operating expenses and other liabilities; it values the shares using a CoinDesk Litecoin pricing benchmark.

THYP The Trust seeks to track HYPE's performance through the FTSE Hyperliquid Index, net of expenses and liabilities, and may reflect staking rewards at the Sponsor's discretion.

Why people hold it

  • LTCC Holds Litecoin itself, not futures or swaps. You get LTC exposure without wallets, keys, or a crypto exchange account.
  • Plain passive plumbing: a grantor trust that tracks the coin it holds, less expenses, using a CoinDesk Litecoin pricing benchmark. No active calls, no leverage.
  • Litecoin gets a dedicated fund rather than a sliver of a basket, so the exposure is undiluted by other tokens.
  • THYP First US-listed spot Hyperliquid ETF: HYPE exposure inside an ordinary brokerage account, with no wallet, no private keys and no crypto exchange login.21shares.com
  • Staking is built into the wrapper. A portion of the trust's HYPE is staked on the network, and rewards are passed to shareholders in cash rather than kept inside the token.21shares.com
  • The 0.30% sponsor fee sits below the 0.35% median for spot-crypto ETFs and under BHYP, which tracks the same FTSE Hyperliquid Index.
  • Coins are held by Anchorage Digital Bank and BitGo Bank & Trust, federally chartered trust banks built for digital assets.21shares.com

Worth knowing

  • LTCC The fee is the headline trade-off: 0.95% a year, against roughly 0.30% to 0.34% at cheaper single-asset crypto funds like TSUI, TDOT, XRP and CLNK.
  • A commodity-style trust pays no income. Everything you get comes from Litecoin's price, minus expenses, and crypto price swings are severe.
  • Launched in October 2025 and still small, with light trading. Thin volume tends to mean wider spreads than the giant bitcoin and ether funds.
  • THYP One token, one protocol. Value moves with the price of HYPE, the native asset of a young derivatives exchange, so drawdowns can be deep and fast.decrypt.co
  • Launched in 2026, so there is little history to judge it by, and how much of the HYPE gets staked is set at the sponsor's discretion.
  • It is a grantor trust, not a registered investment company, so the shareholder protections that come with 1940 Act funds do not apply here.

Full LTCC profile⁠

Full THYP profile⁠

LTCC vs THYP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

LTCC vs THYP Cost

Overpaying LTCC vs THYP

$11,720

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • LTCC 0.95%

    $17,869

  • THYP 0.30%

    $6,149

$10,000
30 years

Cost over time

  • LTCC 0.95%
  • THYP 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530LTCC $17,869THYP $6,149

Year by year

YearLTCCTHYPOverpaying
10$1,678$545$1,133
20$6,322$2,113$4,209
30$17,869$6,149$11,720

Expense ratio

  • 0.95%LTCC
  • 0.30%THYP, cheaper
  • Middle half of Crypto Spot funds
  • Median 0.35%

THYP 3rd cheapest of 25 funds

LTCC 22nd cheapest of 25 funds

LTCC vs THYP Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
LTCC None
THYP No data
Last payment
LTCC No data
THYP $0.19
Ex-dividend
LTCC No data
THYP Sep 29, 2026
Paid on
LTCC No data
THYP Sep 30, 2026
Frequency
LTCC No data
THYP Quarterly

Distribution history

Per share, 2026, same scale for both

LTCCAll LTCC payments⁠

No distribution history available.

THYPQuarterly · 2 paymentsAll THYP payments⁠
One bar per payment. 2 payments in 2026 YTD. Jun 29, 2026 $0.04; Sep 29, 2026 $0.19. Use the arrow keys to read each point.$0$0.202026YTD

LTCC vs THYP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LTCC 54.1%since Nov 2025THYP No data
Return per unit of riskSharpe ratio, 3 years
LTCC −0.85since Nov 2025THYP No data
Worst fallMax drawdown, 5 years
LTCC −62.9%since Oct 2025THYP No data
Market sensitivityBeta, 5 years
LTCC 0.67THYP −0.29

LTCC and THYP in the news

All news⁠

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