First US Hyperliquid ETF Clocks $1.2M Inflows on Debut
Cointelegraph
The 21Shares Hyperliquid ETF (THYP) launched in the US, recording $1.2 million in inflows and $1.8 million in trading volume on its first day.Summary
The 21Shares Hyperliquid ETF (THYP) has officially launched on the Nasdaq, marking a solid debut with $1.2 million in net inflows and $1.8 million in trading volume. While Bloomberg analyst James Seyffart noted the performance was better than an average launch, it remained significantly lower than the record-breaking debuts of recent Solana and XRP-based ETFs. The fund tracks the HYPE token, which supports the Hyperliquid perpetual futures platform. This launch reflects a broader trend of crypto-based funds entering Wall Street following the SEC's transition to more streamlined listing standards for spot crypto ETFs.
(Source：Cointelegraph)