21Shares’ Hyperliquid ETF posts ‘best day’ inflows of $5 million as Coinbase becomes treasury deployer
The Block
21Shares’ Hyperliquid ETF recorded its strongest performance yet with $4.9 million in inflows following Coinbase's new role as treasury deployer.Summary
The 21Shares Hyperliquid ETF (THYP) achieved its highest trading volume and net inflows to date, reaching $8.1 million in volume and approximately $4.9 million in net inflows. This growth coincides with Coinbase being named the official treasury deployer for the Hyperliquid platform. According to 21Shares, the performance was likely driven by the positive market momentum of the HYPE token and the strategic involvement of Coinbase, which now manages USDH brand assets to support the ecosystem.
(Source：The Block)