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Bloomberg Analyst: Hyperliquid ETF Trading Volume Surges 8x From Inception, Market Sentiment Heats Up

2026-05-20 13:02

Bloomberg Senior ETF Analyst Eric Balchunas posted on X platform, saying that the Hyperliquid-related ETF product THYP has seen continuously rising trading activity since its launch, with daily trading volume now reaching tens of millions of dollars, an increase of approximately 8x compared to its first day. This indicates strong natural 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 continuing to heat up.