Grayscale entered the ring on Wednesday with its own Hyperliquid linked exchange-traded fund, setting a new low for fees as competition intensifies among firms rolling out similar products.
The Grayscale Hyperliquid Staking ETF, with the ticker symbol HYPG, debuted on Nasdaq, the firm said in a statement. The ETF has a sponsor fee of 0.29%, lower than its competitors. Bitwise's BHYP Hyperliquid…