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Deep Tide TechFlow News, May 30 — Bloomberg ETF analyst James Seyffart stated that Grayscale has submitted the fifth version of the S-1 amendment for the Grayscale Hyperliquid Staking ETF to U.S. regulators.
The document shows that the ETF plans to use the trading code HYPG, but key information such as management fees has not yet been disclosed. However, the document continues to retain about 2 million HYPE tokens as part of the seed investment arrangement, valued at approximately $130 million based on current market prices.
As the filing continues to be updated, the market is paying attention to the approval progress of Grayscale’s Hyperliquid-related ETF products.