HYPE ETF pull in $172M net inflows as HYPE reach peak ever
HYPE ETF momentum dey build: Hyperliquid HYPE ETF complex don log about $172M cumulative net inflows since dem launch for May, while spot Bitcoin ETFs don lose roughly $5.6B for the same period, SoSoValue tok as Decrypt cite am. Bitwise’s BHYP lead with about ~$107M cumulative net inflows, follow by 21Shares’ THYP (~$60M) and Grayscale’s HYPG (~$8.6M). Combined ETF trading volume dey near $900M.
Demand show for the native token: HYPE don rise over 73% in one month and about 196% in 2026, reach new ATH near $75.96. Traders and institutions dey talk “fundamentals over macro beta,” dem dey highlight the fee-driven flywheel—97%–99% of Hyperliquid trading fees go into the Assistance Fund for token buybacks, and a USDC yield setup (AQAv2) still direct most yield back into the AF.
Options sentiment still constructive: Derive data dey suggest about ~10%–15% chance say HYPE fit return to $100 by late July.
Bullish
Di tori beta for HYPE because di HYPE ETF complex dey draw steady institutional inflows and near-record activity (volume ~ $900M). Di link to protocol mechanics—fee revenue wey dem dey route go Assistance Fund for buybacks, plus one USDC yield “flywheel” wey dey feed dat fund—support di story say demand dey compound no be one-off trading momentum. Also, options pricing wey dey show 10%–15% chance say price go reach $100 by late July dey signal positive positioning and fit attract momentum traders. Risk still dey say flows fit cool, but ETF demand + buyback architecture together dey increase di probability say upside pressure go continue for both short and medium term.