This week was supposed to be a disaster week for HYPE—
CME and ICE teamed up to lobby the CFTC and Congress to crack down on Hyperliquid.
The result? HYPE shook off the volatility and hit a new all-time high of $62, bouncing back 53% from the lows!
🕯 ETF explosion
21Shares $THYP + Bitwise $BHYP saw net inflows of $63.96 million in the first week, and the momentum is picking up. Bitwise is even using 10% of the management fee for buybacks and locking up HYPE.
🏦 Institutional buying spree
• Grayscale-related wallets have locked up about $24.95 million
• a16z-associated wallets have locked up over $67 million (rumored total holding of $525 million)
• Galaxy Digital made a single purchase of $8.8 million
📊 Hardcore data
Lifetime trading volume at $4.33 trillion, revenue of $1.16 billion with nearly $1 billion used for HYPE buybacks. Bitwise's CIO calls it a potential global super app for a $60 trillion market.
🏦 Lobbying has turned into an endorsement
The two traditional giants making moves prove that Hyperliquid is now a real threat. The team is actively communicating with the CFTC for compliance.
Summary:
Traditional giants complain, and HYPE responds directly with a new high.
ETF inflows accelerating + institutions locking up, fundamentals remain strong.
This isn't bearish; it's proof that Hyperliquid is winning!
Are you bullish or bearish on HYPE right now? 👀
#HYPE #Hyperliquid #加密货币
CME and ICE teamed up to lobby the CFTC and Congress to crack down on Hyperliquid.
The result? HYPE shook off the volatility and hit a new all-time high of $62, bouncing back 53% from the lows!
🕯 ETF explosion
21Shares $THYP + Bitwise $BHYP saw net inflows of $63.96 million in the first week, and the momentum is picking up. Bitwise is even using 10% of the management fee for buybacks and locking up HYPE.
🏦 Institutional buying spree
• Grayscale-related wallets have locked up about $24.95 million
• a16z-associated wallets have locked up over $67 million (rumored total holding of $525 million)
• Galaxy Digital made a single purchase of $8.8 million
📊 Hardcore data
Lifetime trading volume at $4.33 trillion, revenue of $1.16 billion with nearly $1 billion used for HYPE buybacks. Bitwise's CIO calls it a potential global super app for a $60 trillion market.
🏦 Lobbying has turned into an endorsement
The two traditional giants making moves prove that Hyperliquid is now a real threat. The team is actively communicating with the CFTC for compliance.
Summary:
Traditional giants complain, and HYPE responds directly with a new high.
ETF inflows accelerating + institutions locking up, fundamentals remain strong.
This isn't bearish; it's proof that Hyperliquid is winning!
Are you bullish or bearish on HYPE right now? 👀
#HYPE #Hyperliquid #加密货币