๐ HYPE Spot ETF is making waves with impressive numbers just 30 days post-launch!
Letโs take a look at the hype around HYPE ETF through the metrics:
๐น Net inflow: $153 million
๐น Trading volume hit: Nearly $900 million
๐น Operating funds: Bitwise (BHYP), Grayscale (HYPG), and 21Shares (THYP)
๐น Staking ratio: ~434 million HYPE (accounting for 45% of the eligible supply)
A notable highlight is in the operational model: 97% of transaction fees are used to buy back tokens, driving a robust growth trajectory in line with trading volume. Especially, the sharing of 2.25% of staking profits with investors positions HYPE as an ideal passive income channel for institutions, rather than just a pure speculative asset.
With the backing of giants like Grayscale, can HYPE break further ground in the near future? What do you think?
๐ Whereโs the alpha? Right here โ Follow Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#HYPE #ETF #CryptoNews #BinanceSquare $HYPE
Letโs take a look at the hype around HYPE ETF through the metrics:
๐น Net inflow: $153 million
๐น Trading volume hit: Nearly $900 million
๐น Operating funds: Bitwise (BHYP), Grayscale (HYPG), and 21Shares (THYP)
๐น Staking ratio: ~434 million HYPE (accounting for 45% of the eligible supply)
A notable highlight is in the operational model: 97% of transaction fees are used to buy back tokens, driving a robust growth trajectory in line with trading volume. Especially, the sharing of 2.25% of staking profits with investors positions HYPE as an ideal passive income channel for institutions, rather than just a pure speculative asset.
With the backing of giants like Grayscale, can HYPE break further ground in the near future? What do you think?
๐ Whereโs the alpha? Right here โ Follow Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#HYPE #ETF #CryptoNews #BinanceSquare $HYPE