BREAKING: Grayscale Discloses HYPE Staking ETF Fee, Analyst Eyes Launch This Week

Grayscale Investments has submitted its sixth amendment for Hyperliquid staking ETF to the U.S. Securities and Exchange Commission (SEC). It includes critical information on the fee structure for the ETF. Thus, experts believe the asset manager seems to be closer to its launch.

Grayscale Files Another Amendment For Hyperliquid Staking ETF

The fund is expected to start trading within the next few days, said Bloomberg ETF analyst James Seyffart on X. “Launch likely imminent for Grayscale’s Hyperliquid ETF,” Seyffart wrote.

He added the product will be listed on the market under the symbol “HYPG.” Meanwhile, the filing also revealed the ETF will charge a management fee of 0.29%.

The fee will provide Grayscale with a tiny advantage over competitive products by Bitwise and 21Shares, Seyffart said. “This slightly undercuts $BHYP and $THYP which are 0.34% and 0.30% respectively,” he noted.

The filing clarifies the management fee, but there are questions regarding the cost of activity related to staking in the fund. Farside Investors left a comment on Seyffart’s post: “What is the staking fee? That is often more significant than the management fee.”

When i say imminent i mean that i am expecting the launch this week. Here's an image for the fee. pic.twitter.com/4v3DMI4Aab

— James Seyffart (@JSeyff) June 1, 2026

Seyffart said it didn’t have the information at its fingertips for the filing. “Undisclosed as far as I could tell. But to be fair I’m onto other things at the moment and I only spent a few minutes looking,” he wrote. Hence, now people expect another filing around the staking fee but Grayscale could even skip that disclosure for the timebeing.

A Look At Previous Filings

The new amendment comes after a succession of amendments that were submitted by Grayscale over the past few weeks. The initial filings provided details of the ETF’s strategy to acquire Hyperliquid’s native HYPE token and contained provisions for activities associated with staking. Recently, Grayscale purchased millions worth of Hyperliquid tokens.

Seyffart had previously analyzed the fifth amendment and determined that it was likely regulators had merely sought minor changes. He said at the time that the changes seemed to be standard reactions to possible comments from the Securities and Exchange Commission in the revised paperwork. Thus, the analyst noted that he didn’t see “anything substantial” in the May 29 filing.

The Grayscale filing still mentions about 2 million HYPE tokens as seed capital for the planned exchange-traded fund. It is estimated at about $144 million, per the current HYPE price trend.

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