Grayscale Hyperliquid Staking ETF Debuts on Nasdaq

Grayscale's Hyperliquid Staking ETF (HYPG) was officially listed on Nasdaq on June 4. According to Foresight News, this brings the total number of HYPE spot ETFs trading in the U.S. to three. Data from SoSoValue indicates that on June 4, the HYPE spot ETF saw a net inflow of $12.1494 million. On its first full trading day, HYPG recorded a net inflow of $4.6973 million, marking its historical total net inflow at the same amount. The Bitwise Hyperliquid ETF (BHYP) experienced the highest single-day net inflow of $7.4521 million, with a historical total net inflow reaching $90.4123 million. As of the time of reporting, the total net asset value of the HYPE spot ETF stands at $186 million, with a net asset ratio of 1.24%. The cumulative historical net inflow has reached $152 million. The Grayscale Hyperliquid Staking ETF allows for cash or physical redemption, carries a management fee of 0.29%, and offers additional returns through HYPE staking. Redemption is conducted in baskets of 10,000 shares, with physical redemption limited to authorized participants.