Hyperliquid Hits $112M Weekly ETF Inflows Record

Hyperliquid's suite of spot ETFs has reached an all-time high in weekly inflows, raking in $112 million within a single week. This milestone was largely driven by Grayscale's HYPG staking ETF, which launched on June 3 and has already amassed around $128.6 million in assets under management.

Together with the other two HYPE ETFs - 21Shares' THYP and Bitwise's BHYP - they saw combined cumulative net inflows top $150 million within just their first month of trading. By mid-June, the trio had gathered roughly $209 million in total assets, representing about 1.4% of HYPE's market cap.

The HYPE Three ETFs offer exposure to Hyperliquid's native HYPE token, and their early data is striking. Trading volume across the three products surged to nearly $900 million, with THYP and BHYP hitting peak daily inflows of approximately $25.5 million around May 20-21.

Grayscale's HYPG charges a 0.29% management fee and offers staking rewards north of 2% annually, giving investors exposure to HYPE's price action while earning yield through a regulated wrapper. Hyperliquid itself runs on a custom Layer-1 blockchain with sub-second transaction finality.

The platform built its reputation as the dominant venue for decentralized perpetual futures trading, but it's been expanding into stocks and commodities. During the same period that HYPE ETFs were setting records, Bitcoin and Ethereum ETFs experienced outflows, with investors appearing to rebalance toward HYPE products for regulated exposure.