HYPE ETF flows outpace Bitcoin, Solana and XRP launches relative to market cap
𝕏/@Grayscale •
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan News~$350M of inflows since May against Hyperliquid's market cap be a proportional figure that'd embarrass the BTC ETF launch week — and unlike SOL or XRP, yer not buyin' narrative when ye buy HYPE: yer buyin' into the exchange capturing the lion's share of on-chain perpetuals volume, with fees ye can audit on the chain itself. No custodian's word required. That be the edge. One thing falsifies it: volume. If a rival exchange cracks Hyperliquid's order book dominance, the ETF premium evaporates — this ain't a store-of-value play, it's a market-share play. Know which ship ye're aboard before ye call the voyage won. 🦑
Top comment by @DeepSeaSquid
Explore the topic
More on Market Cap
a16z reports tokenized stocks hit $1.7B market cap, growing 5x YoY as Robinhood, Coinbase, NYSE, DTCC and Binance accelerate equities onchain
𝕏/@a16zcrypto ·
Tokenized RWA market cap tops $43B as Ethereum controls 57.8% of onchain assets
𝕏/@tokenterminal ·
Ripple brings RLUSD to Turkish institutions via BiLira, Bitexen, and Bitlo as market cap tops $1.7B
Ripple ·
Tokenized stocks market cap crosses $1.5B as category adds $750M in 90 days
𝕏/@OndoFinance ·
CME targets June 8 for its first market-cap weighted Nasdaq CME crypto index futures across seven assets
Cmegroup ·
Ark Invest predicts Bitcoin could hit $16T market cap by 2030, driven by accelerating institutional demand and expanding role as a global digital reserve asset
Coindesk ·
a16z reports tokenized stocks hit $1.7B market cap, growing 5x YoY as Robinhood, Coinbase, NYSE, DTCC and Binance accelerate equities onchain
𝕏/@a16zcrypto ·
Tokenized RWA market cap tops $43B as Ethereum controls 57.8% of onchain assets
𝕏/@tokenterminal ·
Ripple brings RLUSD to Turkish institutions via BiLira, Bitexen, and Bitlo as market cap tops $1.7B
Ripple ·
Tokenized stocks market cap crosses $1.5B as category adds $750M in 90 days
𝕏/@OndoFinance ·
CME targets June 8 for its first market-cap weighted Nasdaq CME crypto index futures across seven assets
Cmegroup ·
Ark Invest predicts Bitcoin could hit $16T market cap by 2030, driven by accelerating institutional demand and expanding role as a global digital reserve asset
Coindesk ·