HYPE token price surged to a new high near $75 following Grayscale's launch of the Hyperliquid Staking ETF, competing with Bitwise and 21Shares ETFs that have collectively drawn over $136 million in net inflows. Institutional interest is growing, supported by Hyperliquid's tokenomics that use over 97% of platform revenue to buy back HYPE, tightening supply. A major short seller recently exited a $110 million position at a loss, signaling bullish sentiment. Technical indicators suggest potential for HYPE to reach $100 and beyond, with strong momentum and Fibonacci targets pointing to $110 as a key level.
Macro analyst Alex Krüger labeled most cryptocurrencies as a 'failed asset class' due to poor value, founder sell-offs, meme coin losses, and rising DeFi hacks. However, he identified four exceptions worth owning, including Hyperliquid, which returns...
Grayscale introduced a Hyperliquid Staking ETF (ticker HYPG), allowing traditional investors to access Hyperliquid (HYPE) without dealing with crypto exchanges or on-chain processes. This move taps into existing institutional interest, as earlier HYP...
Grayscale introduced its Hyperliquid Staking ETF (HYPG) on Nasdaq, offering the cheapest way to invest in HYPE, the token behind a leading decentralized futures exchange. The ETF charges a 0.29% fee, undercutting competitors 21Shares and Bitwise, and...
Hyperliquid has reached a milestone of $4.5 trillion in cumulative perpetual volume and holds $10.1 billion in open interest, showcasing its growing influence in decentralized finance. The platform supports permissionless market creation across multi...
Hyperliquid's HIP-4 event contracts reached over $92 million in trading volume during their first full month, showing strong early interest in this new on-chain event market product. Most trading activity centers on Bitcoin-related contracts, with th...
