Traditional finance firms are starting to appear in regulatory filings tied to Hyperliquid-linked exchange-traded funds, according to a report by The Block citing data compiled by Bloomberg Intelligence. The first quarterly 13F holding snapshot for Hyperliquid ETFs showed 30 institutions reporting positions worth about $74.9 million in total. Bloomberg Intelligence ETF analyst James Seyffart said on X that UBS disclosed roughly $7.5 million in exposure, while market maker Jane Street reported about $4.4 million. The biggest disclosed holder was Brazil-based Wealth High Governance Asset Management, which held about $23.95 million in 21Shares’ THYP fund. The top five holders together accounted for around 70.8% of total exposure, or about $53 million. The report also noted that the data reflects a Q2 snapshot only and does not capture later trading changes. It added that bank positions may include client assets and market makers may hold offsetting hedges, so the filings should not be read outright as proprietary bullish bets.

Bloomberg Intelligence's analysis of the first quarterly 13F filing for the Hyperliquid ETF reveals 30 institutions disclosed holdings totaling approximately $74.9 million. Brazilian firm Wealth High Governance Asset Management led with nearly $24 million, holding 632,614 shares of 21Shares' HYPE fund (THYP) valued at $23,948,236 as of June 30. The list, published by Bloomberg Intelligence ETF analyst James Seyffart on X, shows OLP Capital Management second with $10.5 million, UBS third with $7.5 million, Bank of Montreal fourth with $6.7 million, and Jane Street fifth with $4.4 million. The top five institutions collectively held $53 million, representing 70.8% of total disclosed holdings.

According to SoSoValue data, HYPE spot ETFs recorded $56.86 million in net inflows during last week's trading week (Aug. 24-28, ET). Bitwise's BHYP led with $41.68 million in weekly net inflows, bringing its historical total to $156 million; 21Shares' THYP followed with $7.94 million, for a cumulative $56.58 million. HYPE spot ETF total net assets stood at $439 million as of press time, with the ETF net-asset ratio reaching 2.47% of HYPE's market cap. Cumulative net inflows across all HYPE spot ETFs have reached $344 million.

US HYPE spot exchange-traded funds recorded $7.5131 million in total net inflows on Aug. 25 Eastern Time, according to data from SoSoValue. The largest single-day inflow went to 21Shares Hyperliquid ETF (THYP), which brought in $4.2784 million and lifted its cumulative historical net inflow to $55.1759 million. Grayscale Hyperliquid Staking ETF (HYPG) ranked second with $2.3126 million in daily net inflows, taking its historical total to $132 million. As of publication, the total net asset value of HYPE spot ETFs stood at $409 million, while the HYPE net asset ratio was 2.34%. Historical cumulative net inflows across the segment reached $301 million. The figures reflect the latest daily flow picture for US-listed HYPE spot ETF products.

HYPE spot exchange-traded funds posted net inflows of $3.8884 million during the Aug. 17 to Aug. 21 trading week, according to SoSoValue. Grayscale’s Hyperliquid Staking ETF, trading under HYPG, recorded the largest weekly net inflow at $2.5659 million, bringing its cumulative historical net inflow to $130 million. Bitwise’s BHYP followed with $2.448 million in weekly net inflows, lifting its historical total to $114 million. On the other side, 21Shares’ THYP saw the largest weekly net outflow at $1.1255 million, though its cumulative historical net inflow still stood at $48.65 million. As of publication, total net assets across HYPE spot ETFs were $360 million. The ETF net asset ratio, measuring ETF market value as a share of HYPE’s total market capitalization, was 2.14%, while cumulative net inflows across the category had reached $287 million.

U.S. President Donald Trump said Commodity Futures Trading Commission Chair Michael Selig is working to bring perpetual futures platform Hyperliquid into the U.S. market in a "fully compliant, legal" way, a remark that immediately lifted prices across Hyperliquid-linked assets. According to CoinGecko data cited in the report, HYPE rose 22.9% over the past 24 hours to $71.47 after Trump’s comments at a Wednesday press conference with technology leaders and federal agency heads. The report said related products also moved higher, including 21Shares’ THYP, Bitwise’s BHYP, Grayscale’s HYPG and Nasdaq-listed Hyperliquid Strategies, ticker PURR. Trump’s remarks came as U.S. regulators and market participants continue to debate how perpetual contracts should fit inside the country’s rules. The article noted that the CFTC had previously approved related applications from KalshiEX and Coinbase, helping clear a path for bitcoin perpetuals in the U.S. It also cited Bloomberg reporting that CME and ICE want such platforms brought under the CFTC framework because of concerns about possible market manipulation or price distortion. Trump also addressed questions on a U.S. strategic bitcoin reserve, saying the next step would be up to the SEC, and urged Congress to pass the CLARITY Act, which would establish a federal crypto regulatory framework.

U.S. spot HYPE exchange-traded funds recorded total net outflows of $1.8305 million on July 31, according to data from SoSoValue. The day’s outflow came solely from the 21Shares Hyperliquid ETF, trading under the ticker THYP, which posted the same $1.8305 million in daily net outflows. Despite that decline, THYP’s historical cumulative net inflows stood at $49.7753 million. As of publication, the total net asset value of spot HYPE ETFs was $246 million, while the HYPE net asset ratio was 2.09%. Historical cumulative net inflows across the category had reached $278 million. The figures cover trading activity during U.S. Eastern Time on July 31.

Hyperliquid spot ETFs posted $25.5 million in net inflows on Wednesday, lifting total inflows to $54 million in seven trading days. Analysts tied demand to Hyperliquid’s fee generation and exchange-like revenue model.