Hyperliquid ETF attracts $22.3 million in first week, analysis shows growth in "real institutional demand"

Odaily Planet Daily News The spot ETF product related to Hyperliquid recorded net inflows of approximately $22.3 million in its first week of listing. Market analysts believe this reflects strong institutional demand and the expansion of the on-chain derivatives ecosystem. Data shows that Hyperliquid currently holds over a 42% fee market share in the on-chain derivatives space, significantly ahead of the Ethereum and Solana ecosystems. Analysts suggest that the token HYPE's buyback and burn mechanism further strengthens the transmission effect of ETF capital flows on price. (The Block)

Previous News, Bloomberg ETF analyst Eric Balchunas stated that the continued rise in THYP trading volume is a "positive signal of strengthening organic demand" and pointed out that Hyperliquid's high fee revenue could be a significant reason for capital attention.