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21Shares’ Hyperliquid ETF Logs $1.8 Million in First-Day Trading

cryptonews100_tggfrn by cryptonews100_tggfrn
May 12, 2026
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21Shares’ Hyperliquid ETF Logs $1.8 Million in First-Day Trading
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Photo: James Seyffart
Picture: James Seyffart

21Shares’ Hyperliquid exchange-traded fund, THYP, logged $1.8 million in buying and selling quantity on its first day of buying and selling.

James Seyffart, a Bloomberg ETF analyst, wrote on X on Could 12 that THYP’s $1.8 million debut quantity was a reasonably stable consequence. It was a greater begin than the typical ETF launch, he added.

Nonetheless, Seyffart mentioned the quantity was not explosive.

The market can be watching for extra Hyperliquid-related ETF launches. Seyffart wrote that Bitwise’s Hyperliquid ETF might be the subsequent to return to market.



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