Grayscale Unveils 0.29% Fee for Hyperliquid ETF

Grayscale's Hyperliquid ETF is set to launch with a 0.29% sponsor fee, undercutting its competitors in the space.

The firm filed an amendment to its S-1 registration statement on June 1, adding the new fee and ticker symbol HYPG for the Grayscale Hyperliquid Staking ETF.

This will be the third Hyperliquid ETF to launch, with Bitwise's BHYP charging a 0.34% fee after its first month, and 21Shares' THYP carrying a 0.30% fee.