#Hyperliquid #etf
UBS and Jane Street enter Hyperliquid ETF 🚀

Wall Street is taking its first steps into the DeFi sector through regulated funds. According to the latest 13F reports, 30 institutions have declared $74.9 million in three new Hyperliquid ETFs.
The reports only show positions as of the end of June, so these numbers are just the “tip of the iceberg” and the first signal of the market.

🎯 Who are the TOP 5 holders:
âžĄïž Wealth High Governance: $23.9 million
âžĄïž OLP Capital: $10.5 million
âžĄïž UBS: $7.5 million
âžĄïž Bank of Montreal: $6.7 million
âžĄïž Jane Street: $4.4 million

The top 5 players hold 71% of all declared institutional funds. 📈 Why is $HYPE growing?
The total assets of the three ETFs have already reached $480.9 million, and the token itself has updated its ATH at around $89.60 (capitalization $19.7 billion).

The growth engine is buybacks: 99% of commissions from the trading platform (that's $68.6 million over the last 30 days) go to the automatic redemption of $HYPE from the market, and ETF funds additionally block tokens in staking, removing them from free circulation.