HYPE HITS NEW ATH — ETFs ARE BUYING AGGRESSIVELY Hyperliquid just reached a new ATH around $60–62, pushing market cap above ~$14B as institutional money continues flowing in. A few major drivers behind this rally: ✅ Massive ETF inflows Bitwise has already bought & staked over $19.7M worth of HYPE Combined BHYP + THYP inflows reached nearly $70M within days While BTC/ETH ETFs face outflows, HYPE ETFs continue attracting capital ✅ Huge short squeeze Over $36M in short positions got liquidated ✅ Circle + Coinbase entering the ecosystem Circle and Coinbase are bringing native USDC to Hyperliquid USDC yield revenue could further strengthen HYPE buyback & burn mechanisms ✅ Wall Street is paying attention Grayscale Investments has been aggressively buying HYPE and filed for a HYPE ETF DATs now hold nearly 10% of HYPE supply — one of the highest ratios in crypto HYPE is no longer being viewed as just another perp DEX… it’s increasingly seen as one of the strongest revenue-generating chains in the market. #HYPE #Hyperliquid #Crypto #HYPEShortSqueeze #TrillionDollarIPOs #CryptoMomExitsSEC