JPMorgan says Hyperliquid ETF inflows have stalled as competition mounts
After leading crypto ETF inflows in May and June, demand for Hyperliquid funds stalled in July and August as competition intensified, the bank said.
AI Summary
JPMorgan reported that Hyperliquid ETF inflows have largely stalled in July and August after surging in May and June, attributing the slowdown to rising competition from regulated crypto derivatives platforms and crowded prediction markets. Despite the recent pause, Hyperliquid’s HYPE token remains one of the fastest-growing crypto assets and ranks fourth in corporate crypto treasury holdings.