Grayscale Files Fifth Amendment for Hyperliquid Staking ETF
- Grayscale has submitted a second amended registration statement for its Hyperliquid Staking ETF, now in its fifth amendment.
- The ETF will trade under the ticker symbol $HYPG.
- The filing mentions a seed capital proposal involving approximately two million HYPE tokens, valued at around $130 million.
- Details regarding management fees for investors have not yet been disclosed.
- No significant changes were made to the fund’s design in this latest amendment, according to analyst James Seyffart.
This latest amendment follows several previous filings and aims to bring the Hyperliquid Staking ETF closer to potential listing approval in the U.S., with Nasdaq recognizing actions related to it.
The proposed fund continues to emphasize exposure to HYPE tokens alongside staking rewards, with a seed investment of about $130 million still on the table.
