As the trading price of HYPE approaches $61—outpacing ADA, DOT, and AVAX—Bitwise’s BHYP and 21Shares’ THYP report over $80 million in net inflows.
As the gains of HYPE outstrip other major altcoins, Hyperliquid draws renewed market attention.
Hyperliquid is drawing fresh market attention as HYPE extends its lead over major altcoins. New ETF products BHYP and THYP have added another layer to the trade, recording more than $80 million in combined net inflows since both ETFs launched.
Trading earlier this month, several sessions of the funds saw inflows between $10 million and $25 million.
Hyperliquid’s Unique Position Generates Demand for ETFs
Institutional buyers are taking note of the Hyperliquid story in the market, as shown by the early demand for the new ETFs. Revenue growth, DeFi use cases, and on-chain activity gain close attention.
The prices of cryptocurrencies ADA and DOT, as well as of the trading platform AVAX, have stayed well below their former peaks, while in contrast, HYPE has climbed higher after a trend reversal. The inflows have placed HYPE in a different position from many older altcoins.
HYPE is up by almost 90% since the recent bull reversal, according to Ivan on Tech, the Swedish developer, entrepreneur, and YouTube personality. He noted that most altcoins are not going through the same recovery.
The demand is not direct, but through ETF wrappers, which are familiar to traditional investors. This set-up may help institutions become more well-known without relying on DeFi tools directly.
Daily Chart Shows Bullish HYPE
After a clear turnaround earlier in 2026, the HYPE/USD daily chart shows a bullish pattern.
The price of HYPE has steadily climbed, step-like, since the reversal. After reaching a high close to $64, HYPE recently traded near $61.36.
In the latest daily candle chart, HYPE price was down about 2.2%. This shows short-term stabilization after a sharp move.
The chart shows the main reversal level near $52.26. That pivot point is the important support area for the current bullish run, which means that as long as HYPE stays above $52.25, the daily structure stays bullish. A daily close above $64 to $65 could support another attempt at a breakout.
