Commission war on
#WallStreet !
#Grayscale is blowing up the market with the launch of its ETF of
#Hyperliquid (HYPG) on Nasdaq.
The digital asset management giant, Grayscale, has made a big move by officially launching its new exchange-traded fund on Nasdaq: the Grayscale Hyperliquid Staking ETF (under the ticker
#HYPG ).
This move not only validates the massive success of Hyperliquid but also unleashes aggressive price competition on Wall Street.
The lowest fee in the market: HYPG debuts with a management fee of 0.29%, strategically positioning itself below its direct competitors. It beats the 0.30% from 21Shares (THYP) and the 0.34% that Bitwise (BHYP) will charge after its initial promotional month.
The "success story" of the cycle: Zach Pandl, head of research at Grayscale, labeled Hyperliquid as the breakout project of the season. What are the reasons? Its cutting-edge technology, strong user base, and real ability to generate revenue.
Real value for the investor: According to Grayscale, this ETF represents the most efficient and regulated pathway for institutional and retail investors to gain exposure to the HYPE token, leveraging a model that maximizes transparency, self-custody, and returns value to asset holders.
#hype $HYPE