Svmuu reports that Grayscale has submitted an amended S-1 filing for its Hyperliquid Staking ETF, proposing a management fee of 0.29% under the ticker HYPG. This fee is lower than that of competitors Bitwise and 21Shares, which have already launched similar products. Specifically, Bitwise's BHYP has a 0% fee for the first month, followed by 0.34%, while 21Shares' THYP charges 0.30%.
Bloomberg ETF analyst James Seyffart said the fund is expected to launch as early as this week. If successful, HYPG will become the third Hyperliquid-related ETF.