Bitwise launches US-listed Hyperliquid fund with staking rewards

AI Impact AnalysisGrok analyzing...

📄Full Article· Automatically extracted by trafilatura1683 words

HYPE token price. Source: CoinGecko Related: Wells Fargo lifts Ether ETF holdings in Q1 as Bitcoin positions shift The launch comes as institutional interest in Hyperliquid and HYPE-linked investment products expands across crypto asset managers, venture capital firms and trading platforms. Earlier this week, 21Shares launched its THYP Hyperliquid fund in the US, drawing about $1.2 million in net inflows and $1.8 million in trading volume on its first trading day, according to Bloomberg ETF analyst James Seyffart. Grayscale Investments is also awaiting a decision on its proposed Hyperliquid fund. On Wednesday, onchain analytics account Lookonchain said wallets linked to venture capital company Andreessen Horowitz had accumulated about $67 million worth of HYPE over the previous month and staked roughly $51 million worth of the token. Source: Lookonchain The following day, Coinbase announced it would become the official treasury deployer for USDC (USDC) on Hyperliquid, where the stablecoin’s supply has grown to around $5 billion since the network launched in 2023, according to DeFiLlama data. As Hyperliquid gains traction as a decentralized derivatives exchange, centralized crypto companies have also expanded deeper into perpetual futures and offshore derivatives markets through new trading products and international launches. Earlier this year, Coinbase launched stock perpetual futures for eligible non-US users, while Kraken rolled out tokenized equity perpetual futures tied to assets including Nvidia (NVDA), Apple (AAPL) and Tesla (TSLA) for offshore clients. Magazine: ETH stalls at $2.4K five times, SOL to rally to $120: Market Moves More on the subject

Data Status✓ Full text extractedRead Original (CoinTelegraph)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-13

Fidelity International launches Moody’s-rated tokenized fund on Chainlink

Similarity 130%關鍵字 fund/launches

2026-05-02

Hyperliquid Launches HIP-4 and Targets Polymarket With Zero-Fee Outcome Markets

Similarity 130%關鍵字 launches/hyperliquid

2026-05-01

Porvenir Launches Crypto Pension Fund in Colombia

Similarity 130%關鍵字 fund/launches

2026-04-30