21shares launched THYP to give U.S. investors spot exposure to HYPE with integrated staking rewards. The ETF recorded $1.8 million in first-day trading volume, while a leveraged companion product also entered the market. Hyperliquid ETF Debut Puts THYP in Focus Asset management firm 21shares announced on May 12 the launch of the 21shares Hyperliquid ETF […]
The post First Hyperliquid ETF Launch: Day One Volume Hits $1.8M–Key Details appeared on BitcoinEthereumNews.com.
The first Hyperliquid ETF officially began trading on Tuesday, and early signs suggest it cleared a key hurdle for a new product: a strong first day relative to typical exchange-traded product launches. The fund was approved by the US Securities and Exchange Commission (SEC) and was created by crypto asset manager 21Shares, with the ETF now trading under the ticker $THYP on the Nasdaq. Hyperliquid ETF Launch Recap Bloomberg analyst James Seyffart weighed in on the debut Hyperliquid ETF debut, offering what amounted to a clear-but-cautious read on the numbers. In a Tuesday post on X, Seyffart said $THYP finished the day at $1.8 million in trading, describing it as “very very solid” and stronger than an average ETF launch—though not in a category that he would label as extraordinary. Alongside the trading activity, 21Shares also shared key launch disclosures. The firm set t
The first Hyperliquid ETF officially began trading on Tuesday, and early signs suggest it cleared a key hurdle for a new product: a strong first day relative to typical exchange-traded product launches. The fund was approved by the US Securities and Exchange Commission (SEC) and was created by crypto asset manager 21Shares, with the ETF now trading under the ticker $THYP on the Nasdaq. Hyperliquid ETF Launch Recap Bloomberg analyst James Seyffart weighed in on the debut Hyperliquid ETF debut, offering what amounted to a clear-but-cautious read on the numbers. In a Tuesday post on X, Seyffart said $THYP finished the day at $1.8 million in trading, describing it as “very very solid” and stronger than an average ETF launch—though not in a category that he would label as extraordinary. Related Reading: Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15% Alongside the trading activity, 21Shares also shared key launch disclosures. The firm set the fund’s mana
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. 21Shares analyst Matt Mena argued in a note published…
MARA Holdings sold $1.5 billion in bitcoin in Q1 2026, dropping to the fourth largest public BTC holder. MARA Holdings (NASDAQ: MARA) sold 20,880 bitcoin during Q1 2026 at an average price of $70,137 per coin, generating approximately $1.5 billion…
Blockchain surveillance firm Elliptic has raised $120 million in a Series D funding round as traditional finance heavyweights move to cement their positions in the digital asset sector. The investment round was led by One Peak and featured significant participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank. Elliptic to Advance AI Compliance […]
Michael Saylor tied the CLARITY Act to Strategy’s bitcoin capital model, saying clearer rules could support BTC, STRC, and MSTR-linked markets. The framework positions BTC as digital capital, STRC as digital credit, and MSTR as digital equity. CLARITY Act Could Reprice Strategy’s Bitcoin Capital Model Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor on May 12 […]
