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HYPE Token Jumps 5%, Returns to $11 Billion Market Cap After Bitwise ETF Debut

cryptocrypto-markets 2 posts · 2 accounts

Hyperliquid rose 5% following the debut of Bitwise’s $4.3 million HYPE ETF, a move that was reported to have triggered a short squeeze.

The recent launch also helped push the HYPE token back to an $11 billion market capitalization.

From the sources (2 posts)

@coingecko

INSIGHT: The recent $HYPE Bitwise ETF launch has pushed the token back to an $11B market cap.

@bitcoinnews

Hyperliquid Jumps 5% as Bitwise’s $4.3M HYPE ETF Debut Triggers Short Squeeze

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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