{"id":30405,"date":"2026-06-01T20:54:07","date_gmt":"2026-06-01T20:54:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/grayscale-nears-hyperliquid-etfs-launch-as-fee-race-tightens\/"},"modified":"2026-06-01T20:54:19","modified_gmt":"2026-06-01T20:54:19","slug":"grayscale-nears-hyperliquid-etfs-launch-as-fee-race-tightens","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/grayscale-nears-hyperliquid-etfs-launch-as-fee-race-tightens\/","title":{"rendered":"Grayscale nears Hyperliquid ETFs launch as fee race tightens"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Grayscale has moved closer to launching its Hyperliquid exchange-traded fund after adding a 0.29% sponsor fee and HYPG ticker to its amended registration filing.<\/p>\n<div id=\"cn-block-summary-block_c0cb8a400f4c02b8a83621e82c80dd5d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Grayscale updated its Hyperliquid ETF filing to include a 0.29% fee and the HYPG ticker.<\/li>\n<li>James Seyffart expects Grayscale\u2019s Hyperliquid ETF to launch sometime this week.<\/li>\n<li>The fund would compete with Bitwise\u2019s BHYP and 21Shares\u2019 THYP HYPE ETFs.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The Securities and Exchange Commission filing submitted Monday shows that Grayscale updated its S-1 registration statement for the Grayscale Hyperliquid Staking ETF. The amendment adds the fund\u2019s fee structure and proposed ticker, bringing the product nearer to the U.S. market as demand for HYPE-linked funds grows.<\/p>\n<h2 class=\"wp-block-heading\">Grayscale undercuts rival HYPE ETF fees<\/h2>\n<p>According to Grayscale\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/JSeyff\/status\/2061478261813661828?s=20\" target=\"_blank\" rel=\"nofollow\">amended filing<\/a>, the proposed ETF will charge a 0.29% sponsor fee. The fee sits below the 0.30% charged by 21Shares\u2019 THYP and below Bitwise\u2019s BHYP, which charges 0% for the first month before moving to 0.34%.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">When i say imminent i mean that i am expecting the launch this week. Here&#8217;s an image for the fee. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/4v3DMI4Aab\">pic.twitter.com\/4v3DMI4Aab<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/JSeyff\/status\/2061478261813661828?ref_src=twsrc%5Etfw\">June 1, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Bloomberg Intelligence ETF analyst James Seyffart said in a Monday post on X that he expects Grayscale\u2019s fund to launch this week. Seyffart described the launch as likely imminent after the latest amendment appeared.<\/p>\n<p>The planned fund would become the third U.S.-listed Hyperliquid ETF, following products from 21Shares and Bitwise. Grayscale\u2019s lower fee gives the firm a price advantage as issuers compete for early HYPE ETF assets.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Hyperliquid ETFs draw early investor demand<\/h2>\n<p>21Shares launched its Hyperliquid ETF on Nasdaq on May 12 under the ticker THYP. The firm also launched a 2x leveraged version under the ticker TXXH.<\/p>\n<p>As previously reported by crypto.news, 21Shares said THYP pulled in more than $5 million within days of its debut. Eli Ndinga, global head of research at 21Shares, said the early demand showed investor interest in round-the-clock access to crypto-linked markets.<\/p>\n<p>Ndinga also argued that Hyperliquid priced the Iran shock 48 hours before traditional venues, while CME markets were closed. He described the protocol as an important 24\/7 infrastructure for traders and investors.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>HYPE-linked ETFs had attracted more than $132 million in cumulative net inflows by last month, according to the figures cited in the report.<\/p>\n<p>Hyperliquid operates as a decentralized derivatives exchange where users trade on-chain perpetual futures. Its native token, HYPE, had a market value of about $16.1 billion and ranked as the tenth-largest crypto asset by market cap, according to the report.<\/p>\n<p>Perpetual futures do not expire, unlike traditional futures contracts. Traders use them to take exposure to asset price moves without owning the asset directly.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale has moved closer to launching its Hyperliquid exchange-traded fund after adding a 0.29% sponsor fee and HYPG ticker to its amended registration filing. Summary Grayscale updated its Hyperliquid ETF&hellip;<\/p>\n","protected":false},"author":1,"featured_media":30406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=30405"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30405\/revisions"}],"predecessor-version":[{"id":30407,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30405\/revisions\/30407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/30406"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=30405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=30405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=30405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}