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21Shares Hyperliquid ETF Debuts With $1.8M in Trading Volume
May 13, 2026
< 1 min read
by Wayne Jones
for CryptoPotato
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The first US spot ETF for Hyperliquid’s HYPE token, ticker THYP from 21Shares, began trading on Nasdaq on May 12, 2026. It recorded $1.8 million in trading volume and about $1.2 million in net inflows on day one, signaling early fundraising and adoption interest that is positive for HYPE liquidity and broader crypto ETF demand.
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The first US spot ETF tracking Hyperliquid’s HYPE token started trading on Nasdaq on May 12, 2026.
The fund, ticker $THYP, comes from 21Shares and pulled in $1.8 million in trading volume and about $1.2 million in net inflows by the end of the first day.
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