Grayscale Investments has submitted its sixth modification for Hyperliquid staking ETF to the U.S. Securities and Change Fee (SEC). It consists of important info on the payment construction for the ETF. Thus, consultants imagine the asset supervisor appears to be nearer to its launch.
Grayscale Information One other Modification For Hyperliquid Staking ETF
The fund is predicted to start out buying and selling throughout the subsequent few days, mentioned Bloomberg ETF analyst James Seyffart on X. “Launch doubtless imminent for Grayscale’s Hyperliquid ETF,” Seyffart wrote.
He added the product can be listed available on the market beneath the image “HYPG.” In the meantime, the submitting additionally revealed the ETF will cost a administration payment of 0.29%.
The payment will present Grayscale with a tiny benefit over aggressive merchandise by Bitwise and 21Shares, Seyffart mentioned. “This barely undercuts $BHYP and $THYP that are 0.34% and 0.30% respectively,” he famous.
The submitting clarifies the administration payment, however there are questions concerning the price of exercise associated to staking within the fund. Farside Traders left a touch upon Seyffart’s submit: “What’s the staking payment? That’s usually extra important than the administration payment.”
When i say imminent i imply that i’m anticipating the launch this week. This is a picture for the payment. pic.twitter.com/4v3DMI4Aab
— James Seyffart (@JSeyff) June 1, 2026
Seyffart mentioned it didn’t have the data at its fingertips for the submitting. “Undisclosed so far as I might inform. However to be truthful I’m onto different issues for the time being and I solely spent a couple of minutes wanting,” he wrote. Therefore, now folks anticipate one other submitting across the staking payment however Grayscale might even skip that disclosure for the timebeing.
A Look At Earlier Filings
The brand new modification comes after a succession of amendments that have been submitted by Grayscale over the previous few weeks. The preliminary filings supplied particulars of the ETF’s technique to accumulate Hyperliquid’s native HYPE token and contained provisions for actions related to staking. Not too long ago, Grayscale bought tens of millions price of Hyperliquid tokens.
Seyffart had beforehand analyzed the fifth modification and decided that it was doubtless regulators had merely sought minor modifications. He mentioned on the time that the modifications appeared to be normal reactions to potential feedback from the Securities and Change Fee within the revised paperwork. Thus, the analyst famous that he didn’t see “something substantial” within the Might 29 submitting.
The Grayscale submitting nonetheless mentions about 2 million HYPE tokens as seed capital for the deliberate exchange-traded fund. It’s estimated at about $144 million, per the present HYPE value pattern.
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