via Cointelegraph · By Cointelegraph Staff
Hyperliquid ETF Volumes Rise 50% Due to Well-Timed Launches
HYPE/USDT
$308,244,870.40
$58.94 / $57.26
Change: $1.68 (2.93%)
-0.0091%
Shorts 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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