分析：灰度Hyperliquid ETF上线首日的HYPE买盘可能会低于市场预期

Odaily Planet Daily News Cryptocurrency analyst botblastcap posted on X to analyze the Hyperliquid ETF (HYPG) that Grayscale has applied for.

botblastcap stated that the direct impact of the HYPG launch on the HYPE price may not be as strong as the market expects, because a large number of tokens have already been capitalized through private transactions (i.e., the previously disclosed seed capital investment of 2 million HYPE). As a result, the buying pressure generated in the spot market on the first day of the ETF launch will be lower than many anticipate.

However, in the medium to long term, this remains a very positive event, as it implies deeper liquidity, stronger institutional participation, and the potential for sustained incremental buying pressure in the future.

According to previous reports, Grayscale has submitted a fourth amended filing for the Hyperliquid ETF and plans to provide approximately 2 million HYPE as seed capital investment.