Bloomberg Analyst: Hyperliquid ETF Trading Volume Continues to Expand, Increasing ~8x Since Inception

Eric Balchunas, Senior ETF Analyst at Bloomberg, posted on X stating that THYP—the ETF linked to Hyperliquid—has seen steadily rising trading activity since its launch, with daily trading volume now reaching tens of millions of dollars, roughly eight times higher than on its first trading day. This reflects strong organic market demand. On its debut, the ETF surged approximately 20%, further boosting market attention. Balchunas noted that the current volume expansion is a “positive signal of growing organic interest,” indicating rising market sentiment.