Grayscale is set to launch a Hyperliquid exchange-traded fund (ETF) as early as this week, according to reports discussing a new fee update. The company proposes a sponsor fee of 0.29% for the product. An analyst cited by Cointelegraph, James Seyffart, says the proposed rate “slightly undercuts” competing sponsor fees in the same segment, noting that 21Shares charges 0.3% and Bitwise charges 0.34%. Cointelegraph characterizes the ETF timing as “likely imminent” based on the latest update, while The Block also points to a potential launch within the week. The reports focus on the fee level and competitive positioning among sponsors offering Hyperliquid-related ETFs, but they do not include additional details on the ETF’s structure or regulatory status beyond the fee proposal and expectations for near-term launch.
Grayscale proposes 0.29% fee for Hyperliquid ETF ahead of expected launch
Grayscale is set to launch a Hyperliquid exchange-traded fund (ETF) as early as this week, according to reports discussing a new fee update. The company proposes a sponsor fee of 0.29% for the product...
- Grayscale proposes a sponsor fee of 0.29% for a Hyperliquid ETF.
- One report says the ETF could launch as early as this week.
- Cointelegraph says the update indicates the ETF is likely imminent.
- Analyst James Seyffart says the 0.29% fee undercuts 21Shares’ 0.3% fee.
- Analyst James Seyffart says the 0.29% fee undercuts Bitwise’s 0.34% fee.
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart.
2 months agoGrayscale is set to launch its own Hyperliquid exchange-traded fund as soon as this week, setting a sponsor fee of 0.29%.
2 months ago
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