Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Fee rate wars have begun; 21Shares and Bitwise just paved the way, while Grayscale is entering with even lower fees. The ETF matrix of the HYPE ecosystem is quickly coming together.
U.S. Securities and Exchange Commission documents show that Grayscale has updated the S-1 registration statement for its ultra-liquid staking ETF, adding a fee structure to make the product more aligned with the U.S. market, driven by rising demand for HYPE-related funds.
The proposed ETF will charge a 0.29% sponsor fee, which is lower than 21Shares’ THYP and Bitwise’s BHYP.
Bloomberg Intelligence ETF analyst James Seyffart said that Grayscale’s fund is expected to be launched this week, becoming the third ultra-liquid ETF listed in the United States, following 21Shares and Bitwise.