Grayscale to Launch Hyperliquid Staking ETF on June 4

Grayscale has announced the launch of its Grayscale Hyperliquid Staking ETF, trading under the ticker HYPG, set to begin on June 4. According to ChainCatcher, this ETF is noted for having the lowest management fees among HYPE ETPs in the U.S. and offers exposure to HYPE spot and staking yields. Grayscale highlighted that HYPE is a core asset supporting the continuous operation of on-chain markets, with Hyperliquid driving perpetual contract trading volumes to trillions of dollars. Investors can access HYPE exposure and staking yields directly through traditional brokerage accounts.