Hyperliquid (HYPE) rises over 3% amid strong ETF inflows and growing institutional demand
Hyperliquid (HYPE) has gained for six consecutive days, nearing $70 with a 3% rise on Tuesday, driven by $17.19 million inflows into HYPE ETFs—the strongest in over a month. ETF assets under management surged from $173 million to $209 million, reflecting increased institutional interest. Three main ETFs—21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG—have generated nearly $900 million in trading volume since launch. Bitwise recently bought $5.18 million worth of HYPE tokens, signaling ongoing institutional accumulation. Technically, HYPE is supported by key moving averages and aims to break its $75.76 all-time high, with potential targets at $83.63 and $94.83 if momentum continues.
Hyperliquid (HYPE) has gained for six consecutive days, nearing $70 with a 3% rise on Tuesday, driven by $17.19 million inflows into HYPE ETFs—the strongest in over a month. ETF assets under management surged from $173 million to $209 million, reflecting increased institutional interest. Three main ETFs—21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG—have generated nearly $900 million in trading volume since launch. Bitwise recently bought $5.18 million worth of HYPE tokens, signaling ongoing institutional accumulation. Technically, HYPE is supported by key moving averages and aims to break its $75.76 all-time high, with potential targets at $83.63 and $94.83 if momentum continues.
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