21Shares Hyperliquid ETF Attracts $37.2M AUM in Debut Week
Key Facts
The 21Shares Hyperliquid ETF (BHYP) reached $37.2 million in assets under management (AUM) within its first week of trading. The fund recorded a single-day record inflow of $25.5 million on Wednesday, surpassing the daily token burn rate by 17 times. This performance indicates rapid institutional adoption of the ETF since its market debut.
This momentum arrives as crypto ETFs see heightened interest, with the fund competing alongside major products from firms like BlackRock and Fidelity that dominate Bitcoin flows. Per market data, BHYP's success in attracting liquidity coincides with improving investor sentiment toward the Decentralized Finance (DeFi) sector, bolstered by recent US approvals for crypto-to-ETF conversions.
Looking ahead, traders are monitoring liquidity stability for the underlying HYPE token.