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Bloomberg Analyst: Hyperliquid ETF Trading Volume Surges 8x Since Debut, Market Sentiment Continues to Heat Up

2026-05-20 13:02

Odaily Planet Daily News Bloomberg Senior ETF Analyst Eric Balchunas stated on platform X that the Hyperliquid-related ETF product THYP has seen continuously rising trading activity since its listing, with daily trading volume reaching tens of millions of dollars, an approximately 8-fold increase from its debut day, indicating strong natural market demand. The ETF surged about 20% on its first day of listing, further boosting market attention. Balchunas noted that the current expansion trend in trading volume is a "positive signal of growing organic interest," as market sentiment continues to intensify.