Grayscale Hyperliquid Collateralized ETF will begin trading on June 4th.

CoinFeed reported on June 3 that Grayscale announced on its X platform that the Grayscale Hyperliquid Staking ETF (ticker symbol HYPG) will begin trading on June 4. This product is the lowest-fee HYPE ETF in the US, with a total management fee of 0.29%. Potential staking rewards will be earned by the fund and will not be directly distributed to investors.