{"id":9044,"date":"2026-05-13T08:04:40","date_gmt":"2026-05-13T08:04:40","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=9044"},"modified":"2026-05-13T08:04:40","modified_gmt":"2026-05-13T08:04:40","slug":"hyperliquid-etf-makes-strong-debut-as-wall-street-bets-on-hype","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=9044","title":{"rendered":"Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE"},"content":{"rendered":"

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  • 21Shares\u2019 THYP product posted US$1.8 million in first-day trading volume, according to market coverage.<\/span><\/li>\n
  • The product tracks HYPE, the native token of the Hyperliquid trading ecosystem.<\/span><\/li>\n
  • 21Shares lists a 0.30% management fee and warns THYP is not a 40 Act registered ETF.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    21Shares\u2019 Hyperliquid ETF opened with US$1.8 million (AU$2.5 million) in first-day trading volume.<\/p>\n

    The product, listed as THYP, is designed to track the price of HYPE, the native asset of Hyperliquid. It gives investors exposure through a brokerage-style product rather than requiring them to hold the token directly.<\/p>\n

    \n

    The debut shows growing demand for altcoin-linked exchange-traded products beyond Bitcoin (BTC) and Ethereum (ETH). It also shows how issuers are testing investor appetite for protocols tied to decentralised derivatives markets.<\/p>\n

    Read more: JPMorgan: Investors Are Choosing Bitcoin Over Gold in the Debasement Trade\u00a0<\/strong><\/p>\n

    Hyperliquid ETF Goes Live<\/h2>\n

    21Shares\u2019 official page lists THYP with a 0.30% management fee. It showed a net asset value of US$24.40 (AU$33.92) and assets under management of US$732,112.03 (AU$1.02 million) as of May 11.<\/p>\n

    The page also makes an important distinction by stating that THYP is not registered under the Investment Company Act of 1940 and is not subject to the same protections as 40 Act registered ETFs and mutual funds.<\/p>\n

    That means investors get regulated-market access, but not the same structure as a standard US mutual fund or traditional registered ETF. 21Shares also says THYP is not a direct investment in Hyperliquid and is subject to significant risk and heightened volatility.<\/p>\n

    Hyperliquid is now the largest decentralised trading ecosystem focused on perpetual futures and spot markets.\u00a0<\/p>\n

    Hyperliquid has processed more than US$8 billion (AU$11.12 billion) in daily volume and more than US$2 trillion (AU$2.78 trillion) in cumulative trades since 2023.<\/p>\n

    Related: South Korea\u2019s Crypto Market Loses Half Its Value as Trading Activity Craters<\/strong><\/p>\n<\/p><\/div>\n

    ETF,Hyperliquid#Hyperliquid #ETF #Strong #Debut #Wall #Street #Bets #HYPE1778659480<\/p>\n","protected":false},"excerpt":{"rendered":"

    21Shares\u2019 THYP product posted US$1.8 million in first-day trading volume, according to market coverage. The product tracks HYPE, the native token of the Hyperliquid trading ecosystem. 21Shares lists a 0.30% management fee and warns THYP is not a 40 Act registered ETF. 21Shares\u2019 Hyperliquid ETF opened with US$1.8 million (AU$2.5 million) in first-day trading volume.<\/p>\n","protected":false},"author":1,"featured_media":9045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1360,2449,231,1907,281,1359,1217,1080],"class_list":{"0":"post-9044","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-bets","9":"tag-debut","10":"tag-etf","11":"tag-hype","12":"tag-hyperliquid","13":"tag-street","14":"tag-strong","15":"tag-wall"},"yoast_head":"\nHyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=9044\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE\" \/>\n<meta property=\"og:description\" content=\"21Shares\u2019 THYP product posted US$1.8 million in first-day trading volume, according to market coverage. The product tracks HYPE, the native token of the Hyperliquid trading ecosystem. 21Shares lists a 0.30% management fee and warns THYP is not a 40 Act registered ETF. 21Shares\u2019 Hyperliquid ETF opened with US$1.8 million (AU$2.5 million) in first-day trading volume.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=9044\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-13T08:04:40+00:00\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9044\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=9044\",\"name\":\"Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9044#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9044#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/21shares-thyp.jpg\",\"datePublished\":\"2026-05-13T08:04:40+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9044#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=9044\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9044#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/21shares-thyp.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/21shares-thyp.jpg\",\"width\":1920,\"height\":1072},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9044#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=9044","og_locale":"en_US","og_type":"article","og_title":"Hyperliquid ETF Makes Strong Debut as Wall Street Bets on HYPE","og_description":"21Shares\u2019 THYP product posted US$1.8 million in first-day trading volume, according to market coverage. 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