HYPE ETF Debut Surpasses Expectations with $72 Million Inflows

The debut of two spot exchange-traded funds (ETFs) tracking Hyperliquid's HYPE token has been met with significant enthusiasm from investors.

In their first 10 days, the combined ETFs raised $72.38 million, accounting for 1.04% of HYPE's market capitalization of $15.28 billion.

This performance surpasses early ETF launches tracking prominent cryptocurrencies like bitcoin and ether, highlighting growing institutional interest in HYPE.