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Grayscale's new hype ETF $HYPG became the largest and lowest-fee 'hype' fund…

Brief

Grayscale's hype ETF $HYPG surged to more than $120 million AUM in its first week (noted 2026-06-26), becoming the largest and lowest-fee fund in the category. The author argues this rapid adoption is bullish for the sector and predicts BlackRock will respond imminently with its own offering, referenced as $IHYP.

Why it matters

Grayscale's new hype ETF $HYPG became the largest and lowest-fee 'hype' fund within one week, reaching over $120 million AUM by 2026-06-26.

Key details

  • Author asserts this rapid growth is bullish because BlackRock is 'definitely watching' and will respond soon with its own competing product, allegedly tickered $IHYP, from the world's largest asset manager.
Source evidence

grayscale's hype etf $hypg is now the largest and lowest fee $hype fund

aum is already over $120m in 1 week

now here's why that is so bullish

blackrock is definitely watching, and they wont sit this out for much longer

$ihyp coming soon from the world's largest asset manager

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