"Very rare to see an ETF build momentum in week one like this." – Eric Balchunas
While most altcoin launches make a day-one splash and disappear, the Bitwise ($BHYP) and 21Shares ($THYP) Hyperliquid ETFs just saw a 50% volume jump deep into their first week, pocketing $25.5M in a single day.
Traders are realizing Hyperliquid isn't just an exchange—it's a high-yield Layer 1 cash machine capturing 42% of all on-chain trading fees. Wall Street is buying the infrastructure.