
Hyperliquid ETFs, which use a unique buyback model tied to platform trading fees, have attracted nearly $160 million in investor inflows shortly after their launch. These ETFs offer exposure to a decentralized perpetual futures exchange called Hyperliquid, which operates 24/7 outside the U.S. and has seen rapid growth in trading volume. Unlike traditional crypto tokens, Hyperliquid's model creates a direct link between platform activity and token value, appealing to investors seeking a bridge between traditional and decentralized finance. While awareness and regulatory clarity remain challenges, experts see these ETFs as a potential catalyst for broader adoption of the Hyperliquid platform.