Spot HYPE ETFs Draw $153 Million in Net Inflows, Near $900 Million in Volume After First Month Spot HYPE ETFs have attracted approximately…
Spot HYPE ETFs Draw $153 Million in Net Inflows, Near $900 Million in Volume After First Month
Spot HYPE ETFs have attracted approximately $153 million in net inflows and generated nearly $900 million in cumulative trading volume within their first month of trading. The three products currently on the market, 21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG, all hold HYPE directly and distribute staking rewards to investors. BHYP and THYP account for most trading activity, while approximately 434 million HYPE, or 45% of the stakeable supply, is currently staked.
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