HYPE ETFs have gathered nearly 300 million dollars in net inflows in two months of trading, representing 2.3% of the HYPE market capitalization. When measured against the token’s market cap, these flows exceed those recorded by Bitcoin, Ethereum, Solana, and XRP ETFs at the same launch stage. Bitcoin ETFs attracted 1.6 billion dollars in absolute value during their first three weeks, but this represented only 0.2% of their market cap. Grayscale launched HYPG in early June with 128.6 million dollars in assets under management, a fund that distributes staking rewards. Hyperliquid has surpassed one billion dollars in cumulative revenue, with nearly 99% reinvested in HYPE buybacks.
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