Grayscale HYPG begins trading in US on June 3

Grayscale announced that its Grayscale Hyperliquid Staking ETF (HYPG), which invests in Hyperliquid (HYPE) spot prices and staking rewards, will begin trading on June 3. According to the company, HYPG offers the lowest gross management fee among HYPE-based exchange-traded products (ETPs) listed in the U.S. The product provides simultaneous exposure to HYPE's price and staking rewards. Investors can trade the ETF through a standard brokerage account.