HYPG News
Bitwise CIO Sees Hyperliquid Becoming Finance's Next Amazon, Calls It A ‘Financial Juggernaut’
Matt Hougan said Hyperliquid had the “ambition” of becoming “one of the largest financial entities in the world.”
Bitwise CIO Sees Hyperliquid Becoming Finance's Next Amazon, Calls It A ‘Financial Juggernaut’
Matt Hougan said Hyperliquid had the “ambition” of becoming “one of the largest financial entities in the world.”
SoSoValue data show that three U.S. spot HYPE ETFs have net inflows of $356.58 million since launch and net assets of $480.86 million
Hyperliquid Strategies reported $305.5 million in fiscal-year net income, driven largely by unrealized gains on its HYPE holdings.
The rally in both assets followed $5.74 million of net inflows into U.S. spot HYPE ETFs on Monday, the second-highest daily inflow on record.
Hyperliquid's HYPE token outperformed Bitcoin on Thursday morning, moving within about 5.3% of its record high.
Hayes argued that smaller ecosystem tokens may offer greater upside potential than HYPE itself as Hyperliquid enters a period of consolidation following its recent rally.
Hyperliquid joins platforms including Binance, KuCoin, Bitget, and Bybit on the register as MAS maintains strict safeguards for retail crypto activity.
Grayscale is positioning its fund to undercut the market, setting a low 0.29% expense ratio that is slightly below those of competing funds from 21Shares and Bitwise.