14:00 - 7.06.2026

---

June 7, Fineko/abc.az. Capital is aggressively rotating into newly launched exchange-traded funds (ETFs) tied to the decentralized crypto asset HYPE, defying a broader correction across major cryptocurrencies.

ABC.AZ reports via CNBC that spot HYPE ETFs introduced in May 2026 by Bitwise and 21shares have quickly amassed nearly USD 150 million in combined inflows. Adding to the institutional momentum, digital asset giant Grayscale rolled out its own Hyperliquid fund on June 3.

Corporate Buyback Mechanics Attract Inflows:

• Assets Under Management: As of June 5, 21shares holds USD 75.8 million, Bitwise commands USD 71.14 million, and Grayscale's newly minted fund has pulled in USD 4.5 million.

• The "Buyback" Appeal: While benchmark spot bitcoin funds like the iShares Bitcoin Trust tumbled roughly 16% over the week, HYPE attracted fresh capital due to its equity-like yield model. Bitwise executives noted that 99% of all trading fees generated on the Hyperliquid platform are automatically allocated to buy back HYPE tokens, closely mirroring corporate share buybacks.

• Driven by Weekend Oil Trading: Hyperliquid, a decentralized perpetual futures exchange, saw explosive growth following geopolitical tensions between the US and Iran. As traders scrambled to hedge crude oil positions during weekend market closures, Hyperliquid's daily oil volume alone crossed USD 1 billion. Full regulatory clearance for US-based retail users is anticipated by 2027.