{"id":30419,"date":"2026-06-02T06:53:56","date_gmt":"2026-06-02T06:53:56","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hyperliquid-etf-from-grayscale-could-begin-trading-this-week-after-filing-update\/"},"modified":"2026-06-02T06:54:10","modified_gmt":"2026-06-02T06:54:10","slug":"hyperliquid-etf-from-grayscale-could-begin-trading-this-week-after-filing-update","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hyperliquid-etf-from-grayscale-could-begin-trading-this-week-after-filing-update\/","title":{"rendered":"Hyperliquid ETF from Grayscale could begin trading this week after filing update"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Grayscale\u2019s Hyperliquid ETF could begin trading as soon as this week after the asset manager updated its registration filing with a ticker symbol and management fee.<\/p>\n<div id=\"cn-block-summary-block_7af27574481b8853be916662ba2b5333\" 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 has added a 0.29% fee and the HYPG ticker to its Hyperliquid ETF filing, with Bloomberg analyst James Seyffart expecting a launch as soon as this week.<\/li>\n<li>The proposed fund would become the third U.S. listed Hyperliquid ETF and would charge less than rival products from 21Shares and Bitwise.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bloomberg Intelligence ETF analyst James Seyffart said on X that the product\u2019s launch appears imminent and that he expects trading to begin this week after Grayscale submitted its sixth amendment for the fund.<\/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\">Breaking: Launch likely imminent for <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/Grayscale?ref_src=twsrc%5Etfw\">@Grayscale<\/a>&#8216;s Hyperliquid ETF. Amendment number 6 just dropped. Ticker will be <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24HYPG&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HYPG<\/a>. Fee will be 0.29%. hyperliquid:native <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/RVxuIbt7k4\">pic.twitter.com\/RVxuIbt7k4<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/JSeyff\/status\/2061478016815927318?ref_src=twsrc%5Etfw\">June 1, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The updated filing shows the ETF would trade under the ticker HYPG and charge a 0.29% sponsor fee. If approved, the fund would become the third U.S.-listed ETF tied to Hyperliquid\u2019s native token, HYPE, joining products already launched by 21Shares and Bitwise.<\/p>\n<p>Fee competition has emerged quickly among issuers targeting the fast-growing Hyperliquid market. Grayscale\u2019s proposed charge sits below the 0.30% fee attached to 21Shares\u2019 THYP fund and below Bitwise\u2019s BHYP, which transitions to a 0.34% fee after an introductory period.<\/p>\n<h2 class=\"wp-block-heading\">Grayscale prepares to enter a growing HYPE ETF market<\/h2>\n<p>Interest in regulated Hyperliquid products has increased since 21Shares launched THYP and its leveraged companion fund, TXXH, on Nasdaq in May.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>As previously reported by crypto.news, 21Shares said THYP attracted more than $5 million within days of launch. Eli Ndinga, global head of research at 21Shares, said at the time that the demand demonstrated investor interest in continuous access to crypto-linked markets.<\/p>\n<p>Ndinga also argued that Hyperliquid reacted to geopolitical developments before traditional markets reopened, describing the protocol as a key piece of around-the-clock trading infrastructure.<\/p>\n<p>HYPE-linked ETFs had accumulated more than $132 million in net inflows by last month. Recent industry data now shows combined inflows into the 21Shares and Bitwise products approaching $140 million.<\/p>\n<p>Grayscale\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2107730\/000119312526250471\/hype_s-1_amendment_6.htm\" target=\"_blank\" rel=\"nofollow\">filing<\/a> indicates that HYPG would follow a similar strategy by staking HYPE holdings to generate protocol rewards alongside exposure to the token\u2019s price. The firm\u2019s previous filings contemplated staking at a later stage, subject to regulatory and tax considerations, but the latest version formally identifies the vehicle as the Grayscale Hyperliquid Staking ETF.<\/p>\n<p>Grayscale is also negotiating with Hyper Holdings Global LP over a seed transaction involving approximately 2 million HYPE tokens valued at about $115 million. According to the report, the tokens would be exchanged for ETF shares before the fund begins trading.<\/p>\n<p>The ETF push comes as Hyperliquid continues to expand its presence in crypto derivatives markets.<\/p>\n<p>Blockchain data shows the platform now regularly processes more than $170 billion in monthly trading volume across multiple asset classes. Hyperliquid operates as an on-chain perpetual futures exchange where traders can gain exposure to price movements without owning the underlying assets directly.<\/p>\n<p>Demand for HYPE has accelerated alongside that growth. The token reached a record high of $75.3 on Monday, while its market capitalization climbed to roughly $16.7 billion, making it the tenth-largest cryptocurrency by market value.<\/p>\n<p>Meanwhile, Grayscale\u2019s planned launch arrives during a period of weaker demand for the largest crypto ETF categories. U.S. spot Bitcoin ETFs have recorded net outflows for 10 consecutive trading sessions, losing nearly $3 billion over that period.\u00a0<\/p>\n<p>Data from the U.S. Ether ETF market also shows a 14-day outflow streak as withdrawals continue to exceed fresh inflows.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/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\u2019s Hyperliquid ETF could begin trading as soon as this week after the asset manager updated its registration filing with a ticker symbol and management fee. Summary Grayscale has added&hellip;<\/p>\n","protected":false},"author":1,"featured_media":29543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30419","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\/30419","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=30419"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30419\/revisions"}],"predecessor-version":[{"id":30420,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/30419\/revisions\/30420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/29543"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=30419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=30419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=30419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}