๐ Debut of the first spot ETF of Hyperliquid: $THYP
On May 12, 2026, 21Shares launched $THYP.
First day: $1.8M in volume + $1.2M in net inflows.
Bloomberg rated it as "very solid" and better than the average of new ETFs.
For a niche DeFi altcoin, this is a strong signal that Wall Street is already eyeing Hyperliquid.
How did Hyperliquid go from niche to ETF in less than 3 years?
- Mainnet 2023.
- Token $HYPE November 2024 (one of the largest airdrops in history).
- Today dominates over 70% of the perp market on DEX. Accumulated volume: trillions of dollars.
- Most aggressive buyback system in the ecosystem: 99% of all fees go directly to the Assistance Fund to buy and burn Hype automatically (hundreds of millions already burned).
- Only 11 employees, self-funded, no VC.
They have forever changed derivative trading in crypto.
From dominating perps โ wallets โ stablecoin USDH โ prediction markets โ now ETF on Nasdaq.
Brutal efficiency. The market still has no model to value it.
โ PROS of $THYP
- Regulated access: you buy like any stock (no wallet).
- Integrated staking (30-70% of the HYPE).
- Institutional custody (Anchorage + BitGo).
- Exposure to real revenue + daily buybacks.
โ CONS
- Extreme volatility.
- Grantor trust (different tax implications).
- 0.30% fee.
- No direct ownership of the tokens.
What to expect?
More institutional inflows, competition from Bitwise and Grayscale, and yield from staking + buybacks.
Hyperliquid is not just another token. Itโs infrastructure that is redefining crypto trading.
And now Wall Street can easily enter... and see for the first time a project that dedicates 99% of its profits daily to buy and burn its own token.
While traditional companies remain stuck in the endless cycle of issuing and diluting.
Time will tell.
#Hyperliquid #THYP #HYPE #CryptoETF DYOR.
$HYPE
On May 12, 2026, 21Shares launched $THYP.
First day: $1.8M in volume + $1.2M in net inflows.
Bloomberg rated it as "very solid" and better than the average of new ETFs.
For a niche DeFi altcoin, this is a strong signal that Wall Street is already eyeing Hyperliquid.
How did Hyperliquid go from niche to ETF in less than 3 years?
- Mainnet 2023.
- Token $HYPE November 2024 (one of the largest airdrops in history).
- Today dominates over 70% of the perp market on DEX. Accumulated volume: trillions of dollars.
- Most aggressive buyback system in the ecosystem: 99% of all fees go directly to the Assistance Fund to buy and burn Hype automatically (hundreds of millions already burned).
- Only 11 employees, self-funded, no VC.
They have forever changed derivative trading in crypto.
From dominating perps โ wallets โ stablecoin USDH โ prediction markets โ now ETF on Nasdaq.
Brutal efficiency. The market still has no model to value it.
โ PROS of $THYP
- Regulated access: you buy like any stock (no wallet).
- Integrated staking (30-70% of the HYPE).
- Institutional custody (Anchorage + BitGo).
- Exposure to real revenue + daily buybacks.
โ CONS
- Extreme volatility.
- Grantor trust (different tax implications).
- 0.30% fee.
- No direct ownership of the tokens.
What to expect?
More institutional inflows, competition from Bitwise and Grayscale, and yield from staking + buybacks.
Hyperliquid is not just another token. Itโs infrastructure that is redefining crypto trading.
And now Wall Street can easily enter... and see for the first time a project that dedicates 99% of its profits daily to buy and burn its own token.
While traditional companies remain stuck in the endless cycle of issuing and diluting.
Time will tell.
#Hyperliquid #THYP #HYPE #CryptoETF DYOR.
$HYPE