Why Bitwise CIO Thinks Investors Are Mispricing Hyperliquid and HYPE Token
Despite not being available to US users, Hougan calls Hyperliquid one of the fastest-growing financial businesses he has seen.
The Defiant·
Bitwise's chief investment officer said that Hyperliquid is targeting not the $3 trillion crypto economy, but the $600 trillion global asset market.
Read full articleDespite not being available to US users, Hougan calls Hyperliquid one of the fastest-growing financial businesses he has seen.
Bitcoin looks on track for a rally toward $80,000 while HYPE, ZEC and a handful of altcoins are pushing toward their range highs.
Market analyst Aletheia released a report on Wednesday, taking a close look at the first six days of trading for Hyperliquid ETFs launched by 21Shares and Bitwise. The analysis focuses on how early inflows are stacking up across major crypto assets and what those moves may signal for demand going forward. First Six Days Under The Microscope In market-cap-adjusted terms, Aletheia found that the Hyperliquid ETFs generated more flows than Bitcoin (BTC) on three of the first six trading days. The same comparison also showed strength versus Ethereum (ETH): Hyperliquid’s ETF products logged higher inflows than Ethereum on five out of six days. Related Reading: Bitwise Bullish on Hyperliquid: HYPE Labeled ‘Undervalued’ As It Rallies 20% The Solana (SOL) spot exchange-traded fund sector produced a different picture. According to the report, Solana posted higher market-cap-adjusted flows than Hyperliquid on four of the first six trading days. On Tuesday, however, Hyperliquid spot ETFs recorde
Bitcoin experienced volatile, range-bound trading, repeatedly struggling to sustain a breakout above $77,000. After a midnight surge from $76,700 to $77,200, it hit an intraday high of $77,604 before stabilizing around $77,500. Bitcoin Volatility Tightens Near $77K Resistance Bitcoin endured another grueling stretch of range-bound consolidation, routinely failing to cement a definitive breakout above the […]
SpaceX's valuation surge and Nasdaq's oracle role may boost market confidence, potentially reshaping IPO dynamics and financial strategies. The post SpaceX hits $2.5T valuation on Hyperliquid amid IPO anticipation appeared first on Crypto Briefing.
Newly launched Hyperliquid spot ETFs are attracting notable inflows in their first week of trading, outpacing bitcoin and ether ETFs on a market-cap-adjusted basis during multiple sessions. The products are also creating buying pressure that exceeds Hyperliquid’s own token burn mechanism. HYPE ETF Gains Traction as Investors Rotate Beyond Bitcoin and Ether The first spot […]
Bitwise and 21Shares are the only live HYPE ETFs so far, with inflows growing 8x since day one and VanEck and Grayscale filings still pending.
Hyperliquid highlights shift in crypto design as user experience overtakes token-first product narratives. For most of the last decade, a useful generalization about crypto products was that the token mattered more than the product. The user experience could be inelegant,…