{"id":429475,"date":"2026-06-04T14:56:10","date_gmt":"2026-06-04T09:26:10","guid":{"rendered":"https:\/\/dripp.zone\/news\/wall-street-recognizes-hyperliquid-what-makes-grayscales-hypg-stand-out-crypto-news\/"},"modified":"2026-06-04T16:21:33","modified_gmt":"2026-06-04T10:51:33","slug":"wall-street-recognizes-hyperliquid-what-makes-grayscales-hypg-stand-out-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/wall-street-recognizes-hyperliquid-what-makes-grayscales-hypg-stand-out-crypto-news\/","title":{"rendered":"‘Wall Street recognizes Hyperliquid’ – What makes Grayscale’s HYPG stand out? – Crypto News"},"content":{"rendered":"

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The Grayscale Hyperliquid [HYPE] Staking ETF, coded HYPG, was introduced on the 3rd of June, according to an announcement made by asset manager Grayscale. <\/span><\/p>\n

That said, the ETF, which offers exposure to HYPE, the native token of the Hyperliquid protocol, has started trading on Nasdaq.<\/span><\/p>\n

Furthermore, this HYPG was created to obtain staking rewards that are produced by actively participating in the network\u2019s staking process.<\/span><\/p>\n

How is Grayscale\u2019s HYPG different from other HYPE ETFs?\u00a0 <\/strong><\/h2>\n

Surprisingly, HYPG<\/a> is the most affordable way for investors to gain exposure to HYPE through an exchange-traded product because it launches with the lowest sponsor fee of 0.29% among U.S. Hyperliquid<\/a> ETPs.\u00a0<\/span><\/p>\n

For context, on the 12th of May, the Hyperliquid ETF from 21Shares, THYP, with an expense ratio of 0.30%, went live on the Nasdaq. <\/span><\/p>\n

Three days later, Bitwise\u2019s BHYP went live on the New York Stock Exchange (NYSE) with a promotional 0% fee for the first month, which will eventually increase to 0.34%. Hence, Grayscale\u2019s fee of 0.29% is currently the lowest of the three options when normalized.<\/span><\/p>\n

Remarking on the same, Eli Ndinga, the Global Head of Research at 21Shares, wrote in an email sent to AMBCrypto,\u00a0<\/span><\/p>\n

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The velocity we are seeing in US Hyperliquid ETFs, which have pulled in over $160 million in net inflows since launching, proves that Wall Street recognizes Hyperliquid as a decentralized financial powerhouse rather than just another speculative token.<\/span><\/p>\n<\/blockquote>\n

HYPE ETF net flow analysis <\/strong><\/h2>\n

Meanwhile, according to data from SoSo values, the HYPE ETF has now reached $192.01 million. On the 3rd of June, the last recorded daily net inflow was $2.99 million.\u00a0<\/span><\/p>\n