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Hyperliquid's HYPE ETFs hit $900M volume and $153M inflows in first month, showing strong altcoin ETF demand.

Protocol Fundamentals
16 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Three ETFs tracking Hyperliquid's HYPE token have generated nearly $900 million in trading volume and $153 million in net inflows since their May launch. These ETFs, issued by 21Shares, Bitwise, and Grayscale, reflect growing institutional interest in altcoins beyond Bitcoin and Ethereum. The fee structure of one ETF links fees to HYPE token purchases, creating a feedback loop that could amplify price moves. This trend signals a shift in crypto ETF markets toward more diverse protocol-based investments.

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