Grayscale Launches HYPG Hyperliquid ETF on Nasdaq

TLDR Grayscale launched the HYPG Hyperliquid Staking ETF on Nasdaq with a 0.29% sponsor fee. The HYPG fee undercuts competing products from Bitwise and 21Shares. The ETF provides exchange-traded exposure to Hyperliquid’s native token HYPE. HYPE ranks as the tenth-largest cryptocurrency with a $15.8 billion market cap. The Commodity Futures Trading Commission approved the first [...]

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