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Bitwise Hyperliquid ETF hits $30M AUM in 5 days amid rising HYPE fund demand

Market News
22 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bitwise's Hyperliquid ETF (BHYP) reached $30.5 million in assets under management just five days after its launch, with $26.9 million in inflows and $9.2 million average daily trading volume. It is the only spot Hyperliquid ETF that stakes assets in-house and publishes wallet addresses, also holding 10% of its management fees in HYPE tokens. This launch follows 21Shares' earlier Hyperliquid ETF debut, which has $42.7 million in inflows. The growing interest in these ETFs helped push the HYPE token to a record high above $62 before a slight pullback. Grayscale is also planning a Hyperliquid ETF, indicating strong competition and investor demand in this space.

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