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HYPE token jumps 16% after Bitwise launches Hyperliquid ETF, boosting crypto market optimism.

Market News
15 May 2026
Tokenpost
View Source
Bullish
pluang ai news

The HYPE token surged nearly 16% following the launch of Bitwise's new Hyperliquid ETF, which offers spot exposure and staking features for the token. This ETF debut, along with Coinbase's role as USDC treasury deployer for Hyperliquid and wallet integrations with MetaMask and Phantom, has increased investor interest and institutional adoption in the crypto sector. The broader altcoin market also gained momentum despite Bitcoin trading below key averages, signaling growing enthusiasm for decentralized finance and tokenized assets. Crypto futures volume rose 14%, reflecting active but controlled market positioning amid macroeconomic uncertainty.

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