The Bitwise HYPE ETF, launched in May 2026, provided regulated investors a new way to access Hyperliquid's token, HYPE. After 16 consecutive days of inflows, the ETF recorded its first outflow of nearly $3 million on June 5, signaling that institutional demand can fluctuate with market sentiment. HYPE's price is influenced by a unique buyback mechanism funded by trading fees, which burns tokens to reduce supply, but this is balanced against monthly token unlocks adding new supply. The ETF's flows, trading volume, regulatory developments, and supply dynamics will be key to HYPE's price direction, with forecasts ranging widely from $20 to $150 or more by year-end depending on these factors.
Multicoin Capital and Bitwise have recently deposited large amounts of Hyperliquid (HYPE) tokens into CoinbasePrime, suggesting potential selling activity by institutions. Multicoin Capital deposited over 333,000 HYPE worth $26.73 million, while Bitw...
Abraxas Capital, a major crypto investment firm, has taken over $980 million in short positions on Hyperliquid, indicating expectations of a price decline for the decentralized futures exchange. This strategy involves complex hedging, including spot ...
Hyperliquid has grown rapidly to become the third-largest crypto exchange by open interest, surpassing $11 billion. This marks it as a significant competitor to Binance in the perpetual futures market and a key player in the on-chain derivatives spac...
After a strong August, Bitcoin Spot ETFs faced $462.73 million in outflows from September 8-11, coinciding with Bitcoin's price dropping from about $79K to $77.3K. Major outflows came from Grayscale GBTC and Ark Invest's ARKB. Conversely, Ethereum ET...
Bitwise CIO Matt Hougan predicts Hyperliquid's market cap could reach $200 trillion within the next decade, driven by strong investor demand and institutional adoption. The cryptocurrency has already doubled its price this year, rising 205% from $39....
