Bloomberg's Balchunas: Hyperliquid-Linked THYP ETF Sees Trading Volume Jump Eightfold Since Debut

Bloomberg senior ETF analyst Eric Balchunas said in a post on X that trading in the Hyperliquid-related THYP ETF has climbed steadily since it began trading, with daily volume now reaching tens of millions of dollars—about eight times its first-day level—pointing to robust organic demand. The fund gained roughly 20% on its debut session, adding to investor attention. Balchunas described the rise in turnover as "a positive signal of growing organic interest," as market sentiment continues to improve.