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Hyperliquid ETF launches with $37.2M AUM in first week, showing strong demand for DeFi ETFs.

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

The Hyperliquid ETF (THYP), launched by 21Shares on Nasdaq, amassed $37.2 million in assets under management within its first week, driven by $24.4 million in net inflows. This ETF holds the HYPE token, native to the Hyperliquid decentralized perpetual futures exchange, offering investors direct exposure without needing crypto wallets or on-chain trading. The fund also generates yield through staking, adding passive income potential. Its success signals growing investor interest in DeFi-focused ETFs, though risks remain due to the token's volatility and regulatory uncertainties.

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