Grayscale has launched its Hyperliquid Staking ETF (HYPG) on Nasdaq, marking the third HYPE spot ETF in the U.S. The ETF saw a net inflow of $4.6973 million on its first full trading day, contributing to a total net inflow of $12.1494 million across all HYPE spot ETFs on June 4th. The Bitwise Hyperliquid ETF (BHYP) led with a $7.4521 million inflow, bringing its historical total to $90.4123 million. The Grayscale HYPG ETF, which supports cash or in-kind creation and redemption, charges a management fee of 0.29% and offers additional returns through HYPE staking. The ETF's total net asset value stands at $186 million, with a net asset ratio of 1.24% and cumulative net inflows of $152 million.