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.