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Grayscale files amendment for Hyperliquid ETF, adding $113M HYPE token seed capital amid growing institutional interest.

Market News
29 May 2026
Coinpaper
View Source
Bullish
pluang ai news

Grayscale has submitted a fourth amendment for its proposed Hyperliquid ETF, HYPG, including a potential $113 million seed capital arrangement involving about 2 million HYPE tokens. This move signals progress toward launching the ETF despite Grayscale pausing its IPO plans due to market conditions. Institutional interest in HYPE remains strong, supported by recent product launches from VanEck and Bitwise, which have seen significant inflows and trading volumes. HYPE's price recently pulled back after a rally but maintains an overall uptrend, with key resistance and support levels identified for investors to watch.

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