Grayscale files for Hyperliquid ETF, launch expected this week

Grayscale has submitted an amended S-1 registration application to the U.S. Securities and Exchange Commission (SEC) for its Hyperliquid Staking ETF (HYPG), The Block reported. The updated filing specifies a management fee of 0.29%, which is lower than similar funds from Bitwise (0.34%) and 21Shares (0.30%). Bloomberg analyst James Seyffart commented on X that the launch of Grayscale's ETF is imminent, predicting that trading could begin as early as this week.