HYPE spot ETFs have absorbed 1.04% of Hyperliquid's market cap within their first 10 trading days, surpassing bitcoin, ether, and Solana ETFs' initial performances. Bitwise's BHYP fund saw a $19 million inflow in a single day, becoming the largest Hyperliquid ETF globally. The ETFs have attracted over $75 million cumulatively and maintained consistent inflows despite declines in bitcoin and ether ETFs. Strong structural support, including protocol revenue and buybacks, drives demand for HYPE, which recently hit an all-time high and ranks among the top 11 crypto assets by market cap. Competition for HYPE ETFs is growing with new filings from Grayscale and VanEck.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
