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via The Block · By The Block Editorial

First-ever Hyperliquid ETF launches, posts 'very solid' first day of trading: analyst

HYPE

HYPE/USDT

$58.635
+2.25%
24h Volume

$303,559,199.76

24h H/L

$58.94 / $57.26

Change: $1.68 (2.93%)

Funding Rate

-0.0079%

Shorts pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$58.75

1.01%

Volume (24h): -

Resistance Levels
Resistance 3$64.236
Resistance 2$61.775
Resistance 1$58.7967
Price$58.75
Support 1$57.7533
Support 2$53.0016
Support 3$46.4832
Pivot (PP):$57.9033
Trend:Downtrend
RSI (14):41.2
TB
The Block Editorial
(10:08 PM UTC)
1 min read
JM
Reviewed byJames Mitchell
1212 views
0 comments

Crypto asset manager 21Shares' Hyperliquid ETF (THYP) launched Tuesday, debuting with promising trading volumes, according to Bloomberg ETF Analyst James Seyffart.

The fund is the first of its kind to begin trading. Investors buying shares in the instrument gain exposure to the (HYPE) token without having to own the cryptocurrency itself. Hyperliquid is the largest onchain perps DEX.

"THYP…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

The Block Editorial · The Block

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