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Hunter Horsley, CEO / Co-founder at Bitwise Asset Management, reported a $15 million inflow into the Bitwise Hyperliquid ETF, BHYP, yesterday.
He remarked that investors are showing increased excitement about Hyperliquid and highlighted ongoing growth in crypto projects.
The Bitwise Hyperliquid ETF, trading under the BHYP ticker, launched earlier this year to provide investors exposure to platform ownership, according to a previous announcement from Horsley. He has also commented on market valuations, suggesting in a recent statement that a potential SpaceX IPO could rival the crypto market size, excluding stablecoins. The new inflows follow these previous developments in Horsley's tenure at Bitwise.