According to monitoring by Hyperinsight, Grayscale’s spot Hyperliquid ETF (HYPG) went live on June 4 and recorded $4.7 million in net inflows on its debut. As the third Hyperliquid ETF to enter the market, Grayscale’s offering expands the avenues through which investors can gain exposure to the Hyperliquid ecosystem.
Day-One Inflow Breakdown
On June 4, combined net inflows across all Hyperliquid ETFs reached $12.2 million. Bitwise’s BHYP led with $7.5 million, while Grayscale’s HYPG contributed $4.7 million. 21Shares’ THYP saw roughly balanced flows. The strong opening for the trio indicates steady market appetite for the asset class.
Cumulative Inflows Hit $145 Million
Since the launch of the first Hyperliquid ETF, the category has maintained a consistent net-inflow trajectory, with the total now standing at $145 million. The figure highlights persistent institutional allocation towards the Hyperliquid network. 21Shares was first to market with THYP on May 12, followed by Bitwise’s BHYP on May 15; Grayscale’s HYPG is the most recent entrant. As one of the world’s largest crypto asset managers, Grayscale’s participation has further boosted the category’s overall scale.