The trading volume for $HYPE ETF has surpassed $142 million. The launch of the Grayscale HYPE ETF is set to push it towards $80.
Considering it's been less than a month since launch and we only have Bitwise and 21Shares actively trading in this ETF product category, that's pretty impressive.
Current tickers:
$BHYP — Bitwise HYPE ETF
$THYP — 21Shares HYPE ETF
Next catalyst: Grayscale is set to launch tomorrow.
If Grayscale's $HYPG receives even moderate market acceptance, by the end of this week, the total trading volume for HYPE ETFs could potentially break the $200 million milestone.
Bitwise and 21Shares have already proven there's demand in the market.
Now, Grayscale adds another distribution channel.
As for $HYPE , the narrative remains the same:
It's less like a decentralized exchange (DEX) token and more like an asset being packaged as a Wall Street product that can generate yield.
No need to overcomplicate: when a token reaches ETF trading volume so quickly, the market's focus isn't whether institutional investors are interested, but rather how much cash they can print around this token 💵!
Let's see if the launch of the Grayscale HYPE ETF can create a surge and help HYPE break through the $80 mark #HYPE #币圈巴菲特
Considering it's been less than a month since launch and we only have Bitwise and 21Shares actively trading in this ETF product category, that's pretty impressive.
Current tickers:
$BHYP — Bitwise HYPE ETF
$THYP — 21Shares HYPE ETF
Next catalyst: Grayscale is set to launch tomorrow.
If Grayscale's $HYPG receives even moderate market acceptance, by the end of this week, the total trading volume for HYPE ETFs could potentially break the $200 million milestone.
Bitwise and 21Shares have already proven there's demand in the market.
Now, Grayscale adds another distribution channel.
As for $HYPE , the narrative remains the same:
It's less like a decentralized exchange (DEX) token and more like an asset being packaged as a Wall Street product that can generate yield.
No need to overcomplicate: when a token reaches ETF trading volume so quickly, the market's focus isn't whether institutional investors are interested, but rather how much cash they can print around this token 💵!
Let's see if the launch of the Grayscale HYPE ETF can create a surge and help HYPE break through the $80 mark #HYPE #币圈巴菲特