Grayscale has officially announced that the Grayscale Hyperliquid Staking ETF (ticker: HYPG) will commence trading on June 4 local time. The fund is positioned as the lowest‑cost HYPE ETP in the United States, enabling investors to gain direct exposure to the spot price of HYPE while simultaneously earning staking rewards generated by the underlying asset.
According to Grayscale, HYPE serves as the core asset that powers an around‑the‑clock on‑chain market, and the Hyperliquid ecosystem has already driven perpetual contract trading volumes into the trillions of dollars. Through this ETF, investors can access HYPE exposure and its staking yield directly from a traditional brokerage account, without the need to custody or manage crypto assets themselves.