via Cointelegraph · By Cointelegraph Staff
Hyperliquid ETF Volumes Rise 50% Due to Well-Timed Launches
HYPE/USDT
$1,406,572,779.86
$67.21 / $60.59
Change: $6.62 (10.93%)
+0.0048%
Longs pay
US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rare move for newly debuted ETFs, according to analysts.
Two Hyperliquid (HYPE) ETFs from issuers Bitwise and 21Shares have recorded nearly $41 million in total value traded since their launches earlier this month, with trading volumes increasing since their debuts, according to SoSoValue.
Bloombe…
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