Bitwise Hyperliquid ETF Sees Explosive Growth

The Bitwise Hyperliquid ETF (BHYP) has made a rapid impact on the market since its launch just two weeks ago.

With nearly all of its $22 million trading volume being buys, BHYP recorded its largest single-day inflow of about $19 million.

This significant influx of capital has catapulted the ETF to become the largest Hyperliquid ETF globally, accounting for 1.04% of Hyperliquid's market cap within its first 10 trading days.

Notably, BHYP's growth outperforms early Bitcoin, Ether, and Solana ETFs on a relative demand basis, highlighting increasing investor interest in smaller, faster-growing crypto themes.