Hyperliquid ETF attracts $22.3 million in the first week; analysis shows "genuine institutional demand" is increasing

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Odaily Planet Daily reports that spot ETF products related to Hyperliquid recorded approximately $22.3 million in net inflows in their first week of listing. Market analysts believe this reflects strong institutional demand and the expansion of the on-chain derivatives ecosystem. Data shows that Hyperliquid currently accounts for over 42% of the transaction fee share in the on-chain derivatives market, significantly leading the Ethereum and Solana ecosystems. Analysts suggest that its token HYPE's buyback and burn mechanism further strengthens the price transmission effect of ETF capital flows. (The Block)

Earlier, Bloomberg ETF analyst Eric Balchunas stated that the continuous increase in THYP trading volume is an "organic demand growth positive signal," and pointed out that Hyperliquid's high fee revenue may be an important reason for capital attention.

HYPE15.66%
ETH-0.37%
SOL1.36%
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