HYPE spot ETFs surpass $900M in cumulative volume one month after launch

HYPE spot ETFs have surpassed $900 million in cumulative trading volume just one month after their launch, with net inflows reaching $153 million, The Block reported. Currently, three issuers—21Shares (THYP), Bitwise (BHYP), and Grayscale (HYPG)—are offering the products in a regulated brokerage environment.