Hyperliquid’s HYPE token has surged to a record $89.67 as fresh ETF buying and institutional holdings reinforce demand.

Brazil's Wealth High Governance Asset Management held about $24 million worth of 21Shares' HYPE fund as of the end of June, the top HYPE ETF holder.

Hyperliquid's HYPE token hits an all-time high above $89, with a 66% YES chance it will reach $100 by December 31, 2026.