The Nasdaq-listed fund charges a 0.29% sponsor fee, undercutting rival Hyperliquid ETFs from 21Shares and Bitwise.

Grayscale is set to launch its own Hyperliquid exchange-traded fund as soon as this week, setting a sponsor fee of 0.29%.

Grayscale’s Hyperliquid ETF launch is “likely imminent” after the asset manager set the ticker and fee for its proposed product in an amended regulatory filing, an analyst says.