Grayscale Hyperliquid ETF management fee is 0.29%, lower than Bitwise and 21Shares.

BlockBeats news, on June 2, Grayscale has submitted an amended S-1 registration statement for the Grayscale Hyperliquid Staking ETF to the U.S. Securities and Exchange Commission (SEC), proposing to set the fund management fee at 0.29%, with the stock ticker HYPG. This rate is lower than that of similar products launched by a certain exchange. For example, the BHYP Hyperliquid ETF on one exchange charges a 0% fee in the first month, then 0.34% thereafter; another exchange's THYP fee is 0.30%.

Bloomberg ETF analyst James Seyffart stated that Grayscale's Hyperliquid ETF may be launching soon and expects the fund to go live this week. The report mentioned that if successfully launched, this will be the third Hyperliquid ETF by Grayscale. As of last month, related HYPE ETFs have had a total net inflow of over 132 million U.S. dollars.