Hyperliquid surged over 16% from its weekend lows, driven by sustained demand for its ETFs despite heightened volatility in the cryptocurrency market. According to Arkham Intelligence data, no Hyperliquid ETF sold HYPE last week, while other crypto funds experienced outflows. Bitwise and Grayscale collectively purchased approximately $2.8 million worth of HYPE during this period. This renewed institutional interest has pushed HYPE back onto a bullish trajectory, with analysts believing the upward momentum could continue if funds maintain their growing interest.
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