Các quỹ HYPE thu hút 150 triệu USD giữa lúc bitcoin giảm giá

The Huoxing Finance report states that on June 6, despite recent continued declines in Bitcoin and Ethereum, the ETF product tracking Hyperliquid’s ecosystem token HYPE has attracted significant capital inflows against the trend. Bitwise and 21Shares launched their HYPE spot ETFs (ticker codes: BHYP and THYP) in May this year, which have collectively attracted nearly $150 million in assets within just a few days of listing, with net inflows recorded on most trading days. Grayscale’s newly launched Hyperliquid Staking ETF (HYPG) this week has already reached an asset size of $4.5 million. Bitwise’s Chief Investment Officer, Matt Hougan, noted that Hyperliquid’s current market penetration is only around 1%, with most investors still unfamiliar with the project. Hyperliquid is a decentralized perpetual futures trading platform built on its own blockchain, which rapidly gained prominence during the U.S.-Iran conflict last year by offering weekend crude oil trading channels, with crude oil trading volumes一度 reaching approximately $1 billion per day. Grayscale’s Research Director, Zach Pandl, stated that the HYPE ETF is attracting more new investors who have not previously participated in the crypto market, rather than capital rotation from Bitcoin. Analysts believe Hyperliquid’s greatest appeal lies in its unique value-capture mechanism—99% of platform fee revenues are used to repurchase HYPE tokens, similar to corporate stock buybacks, directly linking platform activity with token value and making it more understandable to traditional equity investors. As of now, the AUM of the 21Shares Hyperliquid ETF stands at $758 million, while the Bitwise Hyperliquid ETF is at $711.4 million. Industry insiders believe that spot ETFs are becoming a crucial bridge connecting traditional finance with DeFi, helping to increase Hyperliquid’s visibility and drive mainstream adoption. However, analysts also caution that Hyperliquid remains inaccessible directly in the U.S., with regulatory approval potentially not arriving until 2027, while competition from both traditional finance and other DeFi platforms may continue to intensify.