Grayscale submits amended filing for Hyperliquid Staking ETF

Grayscale has submitted a fifth amended filing for its proposed Hyperliquid Staking ETF to the U.S. SEC, according to Bloomberg ETF analyst James Seyffart. The filing, designated as Amendment No. 5, retains the proposed ticker HYPG and the plan to seed the fund with approximately two million HYPE tokens, valued at around $130 million at current prices. Seyffart noted that the latest changes appear to be minor, likely incorporating SEC feedback and formatting adjustments, with no substantial alterations to the fund's structure. Key details, such as the management fee, have not yet been disclosed. The previously revealed staking structure and seed asset plan remain unchanged.