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HYPE token jumps 21.58% as U.S. regulators work on compliant market entry

Market News
20 Aug 2026
Crypto Daily
View Source
Bullish
pluang ai news

President Trump announced that CFTC Chair Michael Selig is facilitating Hyperliquid's legal entry into the U.S. market, causing HYPE token to surge 21.58% to $71.35. This aligns with Coinbase Derivatives' May 18 filing for HYPE futures self-certification with the CFTC, suggesting U.S. access may come via regulated futures rather than direct spot trading. While no specific timeline or program details are public, the move signals growing regulatory acceptance and potential U.S. market exposure for Hyperliquid through derivatives trading.

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HYPE token jumps 19% after Trump says CFTC is aiding Hyperliquid's U.S. market entry

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The HYPE token surged over 19% following President Trump's announcement that the Commodity Futures Trading Commission (CFTC) is working to bring Hyperliquid, a perpetual futures trading platform, into the U.S. market in a compliant manner. Currently ...

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