HYPE chases new highs as ETF inflows, institutional adoption accelerate
HYPE reached new highs above $65 following record ETF inflows, futures participation and trading volumes at Hyperliquid exchange. Is $100 next?
Hyperliquid’s native token HYPE continues to rally, possibly targeting $100 as its next all-time high, as inflows to its exchange-traded funds highlight investor demand.
Inflows into the HYPE ETFs reached $89 million over the past nine days, which is equivalent to nearly $9.2 million in daily buying pressure.
The combined assets under management (AUM) across Bitwise’s BHYP and 21Shares’s THYP climbed to $89 million within days of launch, giving HYPE one of the fastest ETF accumulation curves among crypto investment products.
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