Grayscale has submitted the fifth amended filing for the Hyperliquid Staking ETF, intending to use 2 million HYPE tokens as the seed asset

**Bloomberg ETF Brief: Grayscale Files Fifth Amended Hyperliquid Staking ETF with SEC, Ticker HYPG** NEW YORK, May 30 — James Seyffart, senior ETF analyst at Bloomberg, reported Tuesday that Grayscale Investments has submitted the fifth amended filing (Amendment No. 5) for its Hyperliquid Staking ETF to the U.S. Securities and Exchange Commission (SEC). The fund will retain its existing ticker symbol, HYPG. The filing shows the ETF plans to allocate roughly 2 million HYPE tokens as seed assets, worth about $130 million based on current market prices. However, critical details such as the fund’s management fee rate have not been disclosed in the latest submission. Seyffart noted this amendment is a minor adjustment designed to address potential SEC feedback, polish filing formatting, and implement small technical tweaks. There are no material changes from the version filed the prior day, he added. Core details from that earlier draft—including the Hyperliquid staking mechanism and seed asset framework—remain unchanged, per the analyst’s observation.