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

2026-05-20 13:02

Odaily Planet Daily News, Eric Balchunas, senior ETF analyst at Bloomberg, stated on the X platform that the trading activity of the Hyperliquid-linked ETF product THYP has continued to climb since its launch. Daily trading volume has reached tens of millions of dollars, representing an approximately 8-fold increase from its first day of trading, indicating strong organic market demand. The ETF surged about 20% on its debut day, further amplifying market attention. Balchunas noted that the current expansion trend in trading volume is a "positive signal of growing organic interest," and market sentiment is heating up continuously.