Hyperliquid News: $HYPE Enters World's Largest Crypto Index ETF

Hyperliquid News Today: Can HYPE Token Milestone Help in Another ATH

Hyperliquid News today centers on one big move: HYPE just joined the Bitwise 10 Crypto Index ETF, known as BITW, the world's largest crypto index fund. Bitwise confirmed the addition, placing HYPE at roughly 0.93% to 0.95% of total holdings. 

Hyperliquid Token Milestone: What the Bitwise Addition Actually Means 

BITW tracks the ten largest cryptocurrencies by market cap, screened and rebalanced every month. Bitcoin still leads the fund at around 77.5%, followed by Ethereum near 13%, XRP around 4.2%, and Solana close to 2.8%.

HYPE now sits at 5th position followed by other smaller allocations like Cardano, Stellar, and Chainlink inside that same index. For a token that didn't exist in the top ten a year ago, landing inside a passive fund tracking the biggest names in crypto marks a real shift in how the market views the platform.

This isn't the platform's only ETF exposure either. 

Bitwise also runs a dedicated Bitwise HYPE ETF, ticker BHYP, which has already pulled in around $170 million in inflows through direct HYPE purchases.

Besides Bitwise's BHYP, there are two other spot HYPE ETFs trading in the U.S.:

• 21Shares Hyperliquid ETF (THYP) — the first to launch, on May 12, 2026, on Nasdaq. It follows the FTSE HYPE Index and carries a 0.30% expense ratio. About 65% of its holdings are staked through Anchorage Digital Bank and BitGo.

• Grayscale Hyperliquid Staking ETF (HYPG) — the most recent of the three, launched June 3, 2026, at a 0.29% expense ratio (the lowest of the three) with a disclosed staking yield of roughly 2.2% annually.

The Numbers Behind the $HYPE Milestone

The Hyperliquid latest news of ETF inclusion tells a way stronger story. The platform’s first half of 2026 numbers explain exactly why Bitwise made the call:

• $1.34 trillion in trading volume across H1 2026

• $320 million in platform revenue

• HYPE up 165% year-to-date

• Market cap near $17 billion, ranking around 9th among all crypto assets

Hyperliquid runs its own Layer-1 blockchain built for perpetual futures and spot trading, and it now captures more than 30% of decentralized exchange perps volume. 

Cumulative volume on the platform has passed $4 trillion historically, and lifetime revenue for the small team behind it has topped $900 million.

Hyperliquid Price Today: Where is $HYPE Value After the News

HYPE price today sits in the $68–$69 range, slightly down over 24 hours but holding up a strong 7% weekly gain against broader market swings. 

The all-time high came in mid-June 2026, near $76.85. The last 24-hour trading volume for the token is nearly $385 million.

Source: CoinMarketCap Official

The $HYPE coin is also in the top 10 list by market cap on CoinMarketCap, with value now over $17.2 Billion. The token performed well in most of the volatile weeks. 

Part of that strength comes from token design. Up to 97% of platform trading fees go toward buying HYPE on the open market, tying platform usage directly to token demand.

Where Hyperliquid Goes From Here

Recent platform achievement is also a result of the continued ecosystem expansion. 

HIP-3 and HIP-4 now support permissionless perps on commodities, indices, and prediction markets tied to real-world events like Fed decisions or CPI data. A new Android app has also been out along with improved portfolio margin tools.

Hyperliquid Price predictions for 2026 vary widely, with conservative estimates of $35–$60 to bullish cases of $80–$100. Longer-term targets remain more optimistic, contingent on sustained fee buybacks and continued ETF inflows.

The Bitwise 10 addition marks a turning point for Hyperliquid, shifting it from a fast-growing DeFi platform into an index-eligible asset with real institutional reach. What happens next depends on whether the platform can keep its grip on perps volume while the rest of the crypto ETF market keeps expanding around it.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Crypto markets carry significant risk. Always do your own research before making any investment decisions.