The Bitwise Hyperliquid ETF (BHYP) surpassed $105M in AUM after a $15M single-day inflow, signaling growing demand for regulated DeFi token exposure.

Volume across the three products has been uneven, with BHYP and THYP accounting for the bulk of activity while HYPG continues to ramp.

Hyperliquid's HYPE token ETFs from 21Shares, Bitwise, and Grayscale hit $900M in volume and $153M in inflows within their first month of trading.

U.S. spot Bitcoin ETFs have shed nearly $5.6 billion since Hyperliquid ETFs launched, highlighting market divergence.

Bitwise bought 77,097 HYPE worth about $5.18 million via FalconX, extending a strategy that funnels ETF fees into buying and staking.

The Bitwise Hyperliquid ETF (BHYP) surpassed $105M in AUM after a $15M single-day inflow, signaling growing demand for regulated DeFi token exposure.

Bitwise's BHYP ETF has accumulated over 1 million HYPE tokens worth $62M, with $55M actively staked using proprietary infrastructure as Hyperliquid ETF