{"id":73485,"date":"2026-06-03T10:47:43","date_gmt":"2026-06-03T10:47:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/grayscales-hyperliquid-staking-etf-debuts-with-lowest-us-fee-at-0-29\/"},"modified":"2026-06-03T10:47:43","modified_gmt":"2026-06-03T10:47:43","slug":"grayscales-hyperliquid-staking-etf-debuts-with-lowest-us-fee-at-0-29","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/grayscales-hyperliquid-staking-etf-debuts-with-lowest-us-fee-at-0-29\/","title":{"rendered":"Grayscale&#8217;s Hyperliquid Staking ETF Debuts With Lowest US Fee at 0.29%"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Grayscale\u2019s HYPG launched June 3, with a 0.29% fee, the lowest of any US HYPE product.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The fund undercuts 21Shares\u2019 0.30% THYP and Bitwise\u2019s BHYP, deepening a HYPE ETF price war.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">HYPG is the third U.S.-listed Hyperliquid fund, with HYPE ETFs already topping $132 million in inflows.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A Fee War Heats up Around HYPE<\/span><\/h2>\n<p><span style=\"font-weight:400\">Grayscale has launched its Hyperliquid <span>Staking<\/span> exchange-traded fund (ETF), with the product now trading live under the ticker HYPG.<\/span><span style=\"font-weight:400\"> The fund carries a 0.29% sponsor fee, which Grayscale says is the lowest gross management fee among all HYPE-based exchange-traded products currently listed in the United States.<\/span><\/p>\n<p><span style=\"font-weight:400\">Grayscale has been promoting the launch aggressively, describing HYPE as \u201c<\/span><span style=\"font-weight:400\">the asset powering 24\/7 onchain markets<\/span><span style=\"font-weight:400\">,\u201d pointing to the platform\u2019s role in driving trillions of dollars in perpetual <span>trading volume<\/span>.<\/span><\/p>\n<figure id=\"attachment_819688\" aria-describedby=\"caption-attachment-819688\" style=\"width:740px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-819688\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The 0.29% fee is a pointed competitive move as it edges below the <\/span><span style=\"font-weight:400\">0.30% charged by 21Shares<\/span><span style=\"font-weight:400\">\u2018 THYP and undercuts Bitwise\u2019s BHYP, which waives its fee for the first month before moving to 0.34%. By setting the lowest headline rate, Grayscale is quite clearly betting that cost-conscious investors will favor its product even as the field of HYPE funds grows crowded.<\/span><\/p>\n<h2><span style=\"font-weight:400\">What Sets HYPG Apart<\/span><\/h2>\n<p><span style=\"font-weight:400\">Beyond price, HYPG is structured as a <span>staking<\/span> ETF, meaning it gives investors exposure to both the spot price of HYPE and the <span>staking<\/span> rewards generated by the underlying token. <span>Staking<\/span>, the process of locking up tokens to help secure a <span>blockchain<\/span> network in exchange for yield, is a feature US issuers have increasingly sought to fold into <span>crypto<\/span> ETFs as regulators grow more comfortable with the structure.<\/span><\/p>\n<p><span style=\"font-weight:400\">The fund\u2019s path to market was quick. The trust behind it was formed in January and <\/span><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0002107730\/000119312526253439\/hype_424b3.htm\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">renamed from Grayscale HYPE ETF<\/span><\/a><span style=\"font-weight:400\"> to Grayscale Hyperliquid <span>Staking<\/span> ETF shortly before today\u2019s launch. Reports indicate the product lined up a seed investment of <\/span><span style=\"font-weight:400\">roughly $115 million<\/span><span style=\"font-weight:400\"> in HYPE tokens, giving it scale from day one.<\/span><\/p>\n<p><span style=\"font-weight:400\">HYPG is the third US-listed Hyperliquid ETF, following earlier launches from 21Shares and Bitwise. That makes the token one of the few <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-altcoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">altcoins<\/a> to attract multiple competing US funds within weeks of its first product reaching the market.<\/span><\/p>\n<h2><span style=\"font-weight:400\">Strong Early Demand for HYPE Funds<\/span><\/h2>\n<p><span style=\"font-weight:400\"> <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News has reported over the past month that Hyperliquid ETF inflows have <\/span><a href=\"https:\/\/news.bitcoin.com\/hyperliquid-etf-inflows-outpace-bitcoin-etfs-during-debut-trading-week\/\"><span style=\"font-weight:400\">outpaced bitcoin ETFs<\/span><\/a><span style=\"font-weight:400\"> during their debut trading weeks. Moreover, cumulative net inflows into HYPE-linked ETFs have already surpassed <\/span><span style=\"font-weight:400\">$132 million as of last month<\/span><span style=\"font-weight:400\">, a notable figure for a token that only recently entered the regulated wrapper.<\/span><\/p>\n<p><span style=\"font-weight:400\">That momentum helps explain the aggressive fee competition. With three funds now chasing the same investors, issuers are using price as a primary lever, a dynamic that mirrors the fee battles seen earlier among spot <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> and ether ETFs. For investors, the competition has translated into cheaper access to a token that was trading only on crypto-native venues a short time ago.<\/span><\/p>\n<p><span style=\"font-weight:400\">The next test is whether HYPG\u2019s low fee and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">staking<\/a> feature can pull flows away from its rivals. With Grayscale, 21Shares, and Bitwise now competing head-to-head, the winner may be decided less by branding than by cost, yield, and which fund can keep its inflows growing as the novelty of HYPE ETFs wears off.<\/span><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/grayscale-hyperliquid-staking-etf-hypg-lowest-fee\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Grayscale\u2019s HYPG launched June 3, with a 0.29% fee, the lowest of any US HYPE product. The fund undercuts 21Shares\u2019 0.30% THYP and Bitwise\u2019s BHYP, deepening a HYPE ETF price war. HYPG is the third U.S.-listed Hyperliquid fund, with HYPE ETFs already topping $132 million in [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73485"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73485"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73486"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}