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Hyperliquid's HYPE token hits record $89.67 amid strong ETF and institutional demand.

Market News
07 Sep 2026
Bitcoin
View Source
Bullish
Hyperliquid's HYPE token hits record $89.67 amid strong ETF and institutional demand.

Hyperliquid's HYPE token reached a new high of $89.67, driven by significant ETF inflows and growing institutional interest from firms like UBS, Jane Street, and Bank of Montreal. Bitwise’s BHYP ETF has accumulated $166.3 million in HYPE holdings, contributing to a 176% price surge over six months. The combined assets of HYPE ETFs now total nearly $481 million, supported by both market demand and Hyperliquid’s protocol buyback mechanism. The key question is whether HYPE can sustain these gains after such rapid growth.

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Trader holds $58M unrealized gain on leveraged Hyperliquid HYPE token position

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