During the week of July 13-17, U.S.-listed ether spot ETFs attracted $105.44 million, surpassing bitcoin ETFs which saw $75.67 million in net inflows. Bitcoin ETFs recovered strongly after a $425 million outflow on Monday, driven mainly by Blackrock's IBIT fund which added $204.1 million for the week. Ether ETFs also showed robust demand, led by Blackrock's ETHA. Meanwhile, altcoin ETFs showed mixed results, with XRP gaining $6.78 million and HYPE ETFs losing $7.26 million. This activity indicates selective investor interest in established crypto assets amid market fluctuations.
Abraxas Capital, a major crypto investment firm, has taken over $980 million in short positions on Hyperliquid, indicating expectations of a price decline for the decentralized futures exchange. This strategy involves complex hedging, including spot ...
Hyperliquid has grown rapidly to become the third-largest crypto exchange by open interest, surpassing $11 billion. This marks it as a significant competitor to Binance in the perpetual futures market and a key player in the on-chain derivatives spac...
After a strong August, Bitcoin Spot ETFs faced $462.73 million in outflows from September 8-11, coinciding with Bitcoin's price dropping from about $79K to $77.3K. Major outflows came from Grayscale GBTC and Ark Invest's ARKB. Conversely, Ethereum ET...
Bitwise CIO Matt Hougan predicts Hyperliquid's market cap could reach $200 trillion within the next decade, driven by strong investor demand and institutional adoption. The cryptocurrency has already doubled its price this year, rising 205% from $39....
Hyperliquid recently burned about 32.77K HYPE tokens worth $2.65 million, reducing the total supply by 4.86%. The protocol's total value locked (TVL) has risen to nearly $7 billion, supporting ongoing token burns funded by platform fees. On the price...
