HYPE breaks past $60 to a new high as Hyperliquid ETF inflows grow

Hyperliquid's HYPE token rose more than 20% over the past 24 hours to about $61.35, setting a new peak after topping near $58.50 last September and sliding to $21 at the start of 2026. U.S. spot Hyperliquid ETFs took in a record $25.5 million on Wednesday, lifting total inflows to roughly $54 million over their first seven trading days. Bitwise also said Monday it will use 10% of BHYP management fees to buy HYPE for its balance sheet and stake the tokens.