Hyperliquid ETFs attract record $25.5 million in net inflows as institutions pile in
Summary
U.S. spot Hyperliquid (HYPE) ETFs achieved a record $25.5 million in net inflows on Wednesday, signaling strong institutional appetite. Leading products from 21Shares and Bitwise have accumulated $54 million in inflows since their launch, with analysts noting that investors are viewing Hyperliquid as a cash-flow-generating asset rather than a traditional store of value. The platform's dominance in onchain derivatives and its unique fee-sharing structure have contributed to this surge in institutional engagement.
(Source:The Block)