Spot HYPE ETFs Draw $153 Million in First Month as Volume Nears $900 Million
Key Takeaways Spot HYPE ETFs from 21Shares, Bitwise and Grayscale drew about $153 million in net inflows in their first month. Cumulative volume neared $900 million, with Grayscale’s HYPG charging a market-low 0.29% fee. Roughly 97% of Hyperliquid fees fund onchain HYPE buybacks, tying ETF demand to real exchange revenue. A Strong Debut for a…
