Hyperliquid ETFs Attract $22.3M Inflows, 21Shares Fund Volume Hits $14.1M
Two Hyperliquid U.S. ETFs have attracted $22.3 million in net inflows in under two weeks, with 21Shares Hyperliquid ETF’s daily volume rising from $1.8 million to $14.1 million between May 12–19. Bitwise’s Hyperliquid ETF launched May 15 adds staking rewards as Hyperliquid’s exchange handles $8 billion daily and 50% of futures open interest.
1. Robust Net Inflows and Volume Expansion
The two U.S. ETFs linked to Hyperliquid have drawn a combined $22.3 million in net inflows within their first fortnight. Volume on the 21Shares Hyperliquid ETF climbed steadily from $1.8 million on May 12 to $14.1 million on May 19, signaling growing organic demand.
2. Bitwise Hyperliquid ETF Launch
Bitwise introduced its Hyperliquid ETF on May 15, offering exposure to HYPE with integrated staking rewards via Bitwise Onchain Solutions. This gives investors both spot-style access and yield opportunities, expanding the number of issuers in the emerging altcoin ETF space.
3. Underlying Exchange Dominance
Hyperliquid’s onchain derivatives exchange processes about $8 billion in daily volume and commands over 50% of decentralized perpetual futures open interest. The rapid shift from onchain trading venue to public-market ETF products underscores strong ecosystem adoption.