HYPE ETFs See Rare First-Week Surge as Eric Balchunas Calls Launch Timing ‘Perfect’
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Two newly launched US-based ETFs tied to Hyperliquid's HYPE token, 21Shares' THYP and Bitwise's BHYP, have generated nearly $41 million in combined trading volume since launching earlier this month. The strong early momentum and rising trading activity indicate growing investor demand, improved liquidity and adoption for the HYPE token and positive market impact for crypto ETFs.
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Two newly launched US-based exchange-traded funds tied to Hyperliquid’s HYPE token are seeing strong early momentum, as trading activity continues to rise since their market debut.
According to SoSoValue data, 21Shares’ THYP and Bitwise Asset Management’s BHYP have generated nearly $41 million in combined trading volume since launching earlier this month.
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HYPE trades at $67.53 as analysts see breakout potential, buybacks burn 45 million tokens
