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GSUI vs HYPG

Grayscale Sui Trust

GSUICNYSE Arca

Grayscale Hyperliquid Staking ETF

HYPGANasdaq

Overlap

Expense ratio

HYPG −0.06pt a year

GSUI0.35%HYPG0.29%

Avg volume · 30D

HYPG 1.7×the volume

GSUI57.5KHYPG97.3K

GSUI vs HYPG Performance

Jul 31, 2026 – Oct 30, 2026

+32.1%GSUI+73.4%HYPG

Jul 31, 2026 to Oct 30, 2026. GSUI +32.1%. HYPG +73.4%. Use the arrow keys to read each point.0%20%60%Jul 2026Sep 2026Oct 2026
Expense ratio
GSUI 0.35%
HYPG 0.29%, better
Fund size
GSUI $38M
HYPG $207M
Holdings
GSUI 1
HYPG 1
Avg volume (30D)
GSUI 57.5K sh
HYPG 97.3K sh, better
NAV per share
GSUI $12.91
HYPG $32.01
52W range

ETF.net Grade

GSUI: Cost 48, Risk 13, Mission 47, Tradability 66, Holdings not scored, Durability 71. HYPG: Cost 96, Risk 68, Mission not scored, Tradability 72, Holdings not scored, Durability 61.
Pillar letters and Scores for GSUI, HYPG, with each pillar’s weight
PillarGSUIHYPG
Cost30% weightC48A96Higher
Mission25% weightC47Not scored
Risk15% weightF13B68Higher
Tradability15% weightB66A72Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA71HigherB61

Rank among Crypto Spot funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GSUI and HYPG are both graded against the same 25 Crypto Spot funds, so their Grades compare head to head.

Crypto Spot⁠

Category · 25 funds
See all 25 ›

HYPG ranks 2nd and GSUI 17th of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 81
  3. Rank 3ATHYP21Shares Hyperliquid ETFScore 77
  4. Rank 16BVBNBVanEck BNB ETF Common Shares of Beneficial InterestScore 55
  5. Rank 17CGSUIGrayscale Sui TrustScore 46
  6. Rank 18CXRPRREX-Osprey XRP ETFScore 45

Our read on each fund

ETF.net Research

GSUICGrayscale Sui Trust

HYPGAGrayscale Hyperliquid Staking ETF

In short

GSUI Grayscale's Sui vehicle holds the token directly and can stake it, earning additional SUI for helping validate the network. Sui exposure through a brokerage ticker instead of a wallet and seed phrase.

HYPG No data

Stated mandate

GSUI The Trust seeks to provide exposure to the value of SUI held by the Trust, net of operating expenses. It may also earn additional SUI by validating transactions through the SUI Network’s proof-of-stake process.

HYPG No data

Why people hold it

  • GSUI Holds SUI itself inside a grantor trust, no futures or swaps in the middle. Sui exposure through a normal brokerage account instead of self-custody.
  • Built to stake: the trust may earn extra SUI by validating transactions on the Sui network's proof-of-stake system, on top of the token's own price move.
  • The 0.35% expense ratio lands at the median for spot crypto funds and well under SUIS, which charges 0.75% for the same token.
  • Sits in the upper half of the spot crypto group on our review, helped by a durable structure and reasonable trading depth for a single-token fund.

HYPG No data

Worth knowing

  • GSUI TSUI tracks the same token for 0.30%, five basis points less.
  • One token, one network. Volatility ranks among the highest in the crypto cohort, with no diversification to soften it.
  • Launched in 2024 with a small asset base, so the history is short and risk figures rest on about a year of data.

HYPG No data

Full GSUI profile⁠

Full HYPG profile⁠

GSUI vs HYPG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GSUI vs HYPG Cost

Overpaying GSUI vs HYPG

$1,174

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GSUI 0.35%

    $7,126

  • HYPG 0.29%

    $5,952

$10,000
30 years

Cost over time

  • GSUI 0.35%
  • HYPG 0.29%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530GSUI $7,126HYPG $5,952

Year by year

YearGSUIHYPGOverpaying
10$634$527$107
20$2,454$2,044$410
30$7,126$5,952$1,174

Expense ratio

  • 0.35%GSUI
  • 0.29%HYPG, cheaper
  • Middle half of Crypto Spot funds
  • Median 0.35%

HYPG 2nd cheapest of 25 funds

GSUI 11th cheapest of 25 funds

GSUI vs HYPG Dividends

Last 12 months to Oct 30, 2026
Last payment
GSUI $0.01
HYPG $0.04
Ex-dividend
GSUI Oct 5, 2026
HYPG Oct 5, 2026
Paid on
GSUI Oct 6, 2026
HYPG Oct 6, 2026
Frequency
GSUI Monthly
HYPG Monthly

Distribution history

Per share, 2026, same scale for both

GSUIMonthly · 2 paymentsAll GSUI payments⁠
One bar per payment. 2 payments in 2026 YTD. Sep 3, 2026 $0.0088; Oct 5, 2026 $0.01. Use the arrow keys to read each point.$0$0.032026YTD
HYPGMonthly · 3 paymentsAll HYPG payments⁠
One bar per payment. 3 payments in 2026 YTD. Aug 4, 2026 $0.03; Sep 3, 2026 $0.03; Oct 5, 2026 $0.04. Use the arrow keys to read each point.$0$0.032026YTD

GSUI vs HYPG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
GSUI 1.26HYPG 3.80

GSUI and HYPG in the news

All news⁠

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