Grayscale's Hyperliquid ETF Is Almost Here. What It Actually Means for HYPE's Price.

Six Amendments Later, Grayscale Is Finally Ready to Launch HyperliquidETF (Credit: IBTimes US)

Grayscale moved closer to launching its Hyperliquid ETF on June 1, filing a sixth amendment to its S-1 registration that added a sponsor fee of 0.29% and the ticker symbol HYPG.

Bloomberg ETF analyst James Seyffart called it imminent and said he was expecting a launch within the week. When someone who tracks ETF filings for a living uses the word imminent, it tends to mean what it says.