Bloomberg Analyst: Hyperliquid ETF Trading Volume Surges 8-Fold from Debut Day, Market Sentiment Continues to Heat Up
2026-05-20 13:02
Odaily Senior Bloomberg ETF Analyst Eric Balchunas said on X platform that the trading activity of the Hyperliquid-linked ETF product THYP has continued to climb since its launch, with daily turnover now reaching tens of millions of dollars, representing an approximately 8-fold increase from its first day of trading. This reflects strong organic market demand. The ETF surged about 20% on its debut, further boosting market attention. Balchunas stated that the current expansion trend in trading volume is a positive signal of growing organic interest, and market sentiment is continuously heating up.
