ETF Demand and Token Unlocks Shape Hyperliquid’s Next Move
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While HYPE continues to attract strong investor interest, token supply dynamics remain a key factor for traders. Approximately 309,000 HYPE tokens enter circulation each month, with additional future allocations still awaiting distribution plans, creating a steady source of inflation through 2027.At the same time, institutional interest appears to be growing. Since launching earlier this month, HYPE-focused ETFs from Bitwise and 21Shares have accumulated roughly $122 million in assets. The combination of ETF inflows, strong trading activity, and ongoing token unlocks is expected to play a major role in determining whether HYPE can maintain its recent rally and establish new highs.