Bitwise's HYPE ETF (BHYP) recorded $35.9 million in net inflows last week, an 18-fold jump from the prior week when flows first began — making it the world's largest Hyperliquid ETF by assets under management. The product launched on the New York Stock Exchange on May 15, 2026, and carries a structural differentiator: it is the first HYPE ETF to offer native staking, meaning holders earn staking yield on top of price exposure.
The 18x week-over-week acceleration is the number that matters most here. First-week flows for a new crypto ETF often reflect seed capital and early adopter positioning; a sustained surge into week two suggests genuine institutional demand is building rather than fading after launch noise.
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