$HYPE is up 200% YoY, and the institutions are just getting started. 🚀
Bitwise is leading the race for the first-ever Hyperliquid ETF, with Grayscale and 21Shares close behind.
Why it matters:
✅ First DEX-focused L1 ETF
✅ Regulated exposure to 24/7 perp markets
✅ Imminent launch signal from analysts
The bridge between on-chain perps and traditional portfolios is almost complete.
