Key Highlights
- HYPE has gained more than 3% during Tuesday’s session, pushing closer to the $70 threshold following six consecutive days of upward movement.
- Monday saw HYPE-focused ETFs receive $17.19 million in institutional capital, marking the strongest inflow day since May 29.
- ETF net assets under management climbed to $209.26 million from Friday’s $173.09 million figure.
- Since their debut, the three HYPE ETF products have collectively processed nearly $900 million in trading volume.
- The primary obstacle ahead remains the June 1 record peak of $75.76.
Hyperliquid (HYPE) has maintained an impressive six-session winning streak, with the token hovering around $70 on Tuesday following gains exceeding 3%.
This sustained rally coincides with a notable surge in institutional participation, as recent figures reveal $17.19 million entered HYPE ETF products on Monday alone. This represents the most significant single-day capital injection recorded since late May.
The aggregate value of assets held within HYPE exchange-traded funds expanded to $209.26 million by Monday’s close, representing a substantial increase from the $173.09 million reported just three trading days earlier. This rapid growth underscores heightened institutional appetite for exposure to the asset.
Currently, three regulated investment vehicles provide traditional brokerage access to HYPE exposure: 21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG. Since their collective launch approximately 30 days ago, these products have generated nearly $900 million in cumulative trading volume, while attracting $153 million in net capital inflows.
Blockchain analytics platform Lookonchain recently identified a fresh acquisition by Bitwise, which purchased an additional 77,097 HYPE tokens valued at roughly $5.18 million via the FalconX trading desk. This transaction occurred within the past 60 minutes and reinforces the narrative of ongoing institutional accumulation.
How HYPE ETFs Generate Returns Through Staking
Each of the three ETF products maintains direct holdings in HYPE tokens and distributes staking income to shareholders. The prevailing annual staking yield stands at approximately 2.25%, with rewards calculated every minute, distributed on a daily basis, and automatically reinvested through compounding. Presently, roughly 45% of the available token supply participates in staking, totaling approximately 434 million HYPE.
Trading activity has not been distributed evenly across the three offerings. BHYP and THYP have captured the majority of transaction volume, while HYPG, being the most recent entrant, continues to develop its trading activity.
Approximately 97% of all trading fees generated on the Hyperliquid platform flow into the Assistance Fund, which operates an automated token repurchase program. This mechanism establishes a direct connection between platform usage and organic buying pressure for the token.
Hyperliquid’s HIP-3 protocol has achieved $3 billion in Real-World Asset (RWA) Open Interest. Since launching in October 2025, HIP-3 has established new Open Interest records during each subsequent month.
HYPE experienced a temporary price correction earlier this month following crypto investor Arthur Hayes’ decision to liquidate his holdings, which aligned with a temporary decline in institutional participation. However, this setback proved fleeting.
Critical Price Levels Under Scrutiny
From a chart perspective, HYPE continues trading comfortably above its 50-day, 100-day, and 200-day Exponential Moving Averages, which currently range between approximately $42.80 and $55.70.
The asset rebounded from the $53.00 zone last week near its 50-day EMA, creating a distinctive V-shaped recovery pattern. The Relative Strength Index registers near 60 on the daily timeframe, indicating healthy upward momentum without reaching overbought territory. The MACD indicator appears poised to cross above its signal line.
Immediate resistance arrives at the June 1 peak of $75.76. Should that level yield, Fibonacci extension analysis suggests potential targets at $83.63 and $94.83. For downside protection, the 50% Fibonacci retracement at $63.17 represents the closest support zone, followed by the 50-day EMA at $55.69.
Bitwise’s most recent acquisition of 77,097 HYPE tokens for $5.18 million was verified within the last hour through Lookonchain’s monitoring systems.
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