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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

$63.899

+2.30%

$63.899

+2.30%

(24s)

24h Volume

$1,385,995,183.84

24h H/L

$64.32 / $59.11

Change: $5.21 (8.81%)

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$63.67

▼ -0.48%

Volume (24h): -

Resistance Levels

Resistance 3$72.1339

Resistance 2$67.8889

Resistance 1$64.3333

Price$63.67

Support 1$60.7412

Support 2$55.725

Support 3$50.7088

Pivot (PP):$63.5133

Trend:Uptrend

RSI (14):50.2

The Block Editorial

(10:08 PM UTC)

1 min read

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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The Block Editorial · The Block

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