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Hunter Horsley, CEO and co-founder at Bitwise Asset Management, highlights Hyperliquid's price move to 69.75, marking an all-time high.
He observes that U.S. capital markets have started to realize the significance of perpetuals and the Hyperliquid platform during a busy period.
Bitwise recently launched its Hyperliquid ETF, providing investors exposure to the platform through the BHYP ticker symbol, according to an announcement by Horsley. The ETF recorded a $19 million inflow and $22 million in volume, making it the largest Hyperliquid ETF globally, as previously reported. These developments come as interest in Hyperliquid and perpetuals gains traction in U.S. capital markets.