Hyperliquid digital asset treasury companies now hold about 9% of HYPE's circulating supply, exceeding the float-adjusted holdings of Bitcoin, Ethereum, Solana, and BNB. This strong institutional demand, combined with HYPE being the only asset trading at a positive modified net asset value (mNAV), facilitates fresh capital raises and market support. Recent ETF filing progress suggests potential approval, which could introduce new passive inflows into a tight supply, possibly driving prices higher. Legacy sellers have already distributed holdings, reducing the risk of sell pressure when ETF demand arrives, making HYPE structurally distinct in the current market cycle.
Historically, Bitcoin tends to gain 17-20% in July even during bear markets, suggesting a potential near-term recovery after recent lows. While many altcoins struggle near all-time lows, Solana and Hyperliquid have outperformed with 21% gains in the ...
Bitwise has updated its Bitwise 10 Crypto Index ETF by removing Polkadot (DOT) and Avalanche (AVAX), replacing them with Hyperliquid (HYPE) and Stellar (XLM). HYPE, now the 10th largest crypto by market cap, faces potential dilution risk due to 78% o...
Bitwise updated its Bitwise 10 Crypto Index ETF by removing Avalanche (AVAX) and Polkadot (DOT) and adding Stellar (XLM) and Hyperliquid (HYPE). This change reflects a shift toward crypto assets with strong revenue, as Hyperliquid has shown impressiv...
Bitwise has added Hyperliquid's HYPE token to its Bitwise 10 Crypto Index ETF (BITW), replacing Polkadot (DOT) and Avalanche (AVAX) following a monthly rebalancing. HYPE's strong trading volume and market growth, including a 165% year-to-date gain an...
Changpeng "CZ" Zhao, former Binance CEO, praised Hyperliquid's no-KYC perpetual futures trading model on a podcast but stated he would never adopt it due to his own prison experience from Binance's compliance failures. Hyperliquid operates a decentra...
