Hyperliquid (HYPE) Surges to Record $65 as ETF Assets Top $89 Million

Table of Contents Hyperliquid’s native HYPE token established a fresh record high approaching $65 on May 26, propelled by robust institutional demand through exchange-traded funds and the platform’s debut of prediction market functionality. Bitwise’s Chief Executive Officer Hunter Horsley revealed that the BHYP ETF processed $12 million in trading activity within the first two hours of market operations on that date. The investment vehicle now manages $40 million in total assets just over a week following its market debut. An analyst account from Coin Bureau shared insights on X regarding Bitwise’s aggressive accumulation strategy: “Bitwise bought another 162,367 $HYPE, worth about $10.1M, over the past 2 hours. Based on its official website, Bitwise already held 723,361 HYPE, worth around $40.4M, as of May 21, 2026.” The data illustrates the remarkable speed at which institutional capital has entered this digital asset. 🔥BULLISH: BITWISE KEEPS BUYING HYPE Bitwise bought another 162,367 $HYPE, worth about $10.1M, over the past 2 hours. Based on its official website, Bitwise already held 723,361 HYPE, worth around $40.4M, as of May 21, 2026. pic.twitter.com/tTp4gzxTOY — Coin Bureau (@coinbureau) May 26, 2026 Total capital flows into both Bitwise’s BHYP and 21Shares’s THYP products reached $89 million within a nine-day period — representing one of the most rapid ETF accumulation trajectories observed across cryptocurrency investment vehicles. Grayscale appears to be building a HYPE position as well, presumably in preparation for its own ETF product launch. Market analyst Havoc forecasted that the forthcoming Grayscale GHYP offering might contribute an additional $8 million to $12 million in daily capital flows, potentially purchasing between 8% and 33% of HYPE’s available supply annually. ~$12,000,000 of volume traded on $BHYP in the first 90 minutes so far today. Now $40,000,000 AUM, just over a week since launch. Investors want exposure to Hyperliquid. Grateful to those that choose to invest with Bitwise. https://t.co/It68WumlTd — Hunter Horsley (@HHorsley) May 26, 2026 HYPE has maintained ongoing price discovery mode since ETF products commenced trading. The digital asset advanced from its previous breakout zone around $59.40 and touched $64.50 before continuing its ascent. Assuming HYPE maintains support above the $59.40 level, Fibonacci extension analysis suggests potential resistance zones at $76, $89.50, and $101. Derivatives market data revealed combined open interest nearing $2 billion, with funding rates hovering around 0.004%, signaling bullish market positioning. Cryptocurrency analyst Byzantine General observed that Hyperliquid’s cumulative exchange open interest climbed to $8.5 billion, securing the third position globally after Binance and Bybit. The platform’s market share for open interest achieved 7.2%, establishing a new milestone. Blockchain data indicated Hyperliquid received more than $1.1 billion in net capital inflows throughout the preceding month. Coinciding with HYPE’s record price achievement, Hyperliquid unveiled new macroeconomic prediction markets. The initial two offerings concentrate on year-over-year May Consumer Price Index figures and potential Federal Reserve funds rate adjustments at the upcoming June Federal Open Market Committee gathering. The CPI-focused market registered $8,000 in trading volume with $48,000 in open interest. The Fed rate market recorded $600 in volume alongside $13,200 in open interest. Platform validators additionally greenlit a sports prediction market centered on the Champions League final match. These new markets complement the previously launched HIP-4 market series, which features a Bitcoin daily price movement market that has generated $578,000 in trading volume and $180,000 in open interest. The combined assets under management for HYPE ETF products stood at $89 million as of May 26, 2026.