Can HYPE smash record highs as institutions pile into Hyperliquid ETFs?

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Hyperliquid (HYPE) continued its upward momentum on Tuesday, rising for a sixth consecutive day and surging past the $70 level as bullish sentiment strengthens across the market. The latest rally is being supported by recurring inflows into HYPE-focused exchange-traded products, suggesting sustained institutional demand for the “everything exchange” token. ETF inflows rebound as institutional interest returns After a brief correction earlier in the month, HYPE has seen renewed institutional participation. On Monday, HYPE-focused ETFs recorded a inflow $17.2 million, the largest daily intake since May 29. This pushed total net assets in HYPE ETFs up to $209.3 million, compared with $173.1 million at the end of last week.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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