Hyperliquid (HYPE) has been climbing steadily for six days in a row, trading near $70 on Tuesday with a gain of more than 3%.
Hyperliquid (HYPE) Price
The move comes alongside a sharp rise in institutional interest, with fresh data showing $17.19 million flowing into HYPE-focused ETFs on Monday. That is the largest single-day inflow since May 29.
Total net assets held across HYPE ETFs rose to $209.26 million on Monday, up from $173.09 million just the Friday before. The jump shows that institutional buyers are actively adding exposure.
Source: SoSoValue
Three regulated products now offer brokerage access to HYPE: THYP from 21Shares, BHYP from Bitwise, and HYPG from Grayscale. Combined, these ETFs have seen cumulative volume approach $900 million since launching roughly one month ago, with net inflows reaching $153 million.
On-chain data firm Lookonchain flagged that Bitwise purchased another 77,097 HYPE tokens, worth approximately $5.18 million, through FalconX within the past hour. That buy adds to the picture of sustained institutional accumulation.
All three ETFs hold HYPE directly and pass staking rewards to investors. The current staking reward rate sits at around 2.25% annually, with rewards accrued every minute, distributed daily, and automatically compounded. Around 45% of the eligible supply is currently staked, totaling roughly 434 million HYPE.
Volume across the three products has not been even. BHYP and THYP have accounted for the bulk of trading activity, while HYPG, the newest of the three, is still building volume.
About 97% of Hyperliquid’s trading fees are directed to the Assistance Fund, which runs an automatic buyback mechanism. This creates a direct link between platform trading volume and demand for the token.
Hyperliquid’s HIP-3 protocol has now recorded $3 billion in Real-World Asset (RWA) Open Interest. HIP-3 has set a new record in Open Interest every month since its launch in October 2025.
HYPE had a brief pullback earlier this month after crypto investor Arthur Hayes exited his position, which coincided with a dip in institutional interest. That dip appears to have been short-lived.
From a technical standpoint, HYPE is trading well above its 50-day, 100-day, and 200-day Exponential Moving Averages, which are clustered between roughly $42.80 and $55.70.
Source: TradingView
The token bounced from around $53.00 last week near its 50-day EMA, forming a V-shaped recovery. The RSI sits near 60 on the daily chart, showing positive momentum without being overbought. The MACD line is close to crossing above its signal line.
The first resistance level is the June 1 all-time high of $75.76. Beyond that, Fibonacci extension levels place targets at $83.63 and $94.83. On the downside, the 50% retracement at $63.17 is the nearest support, followed by the 50-day EMA at $55.69.
Bitwise’s latest purchase of 77,097 HYPE tokens for $5.18 million was confirmed within the last hour, according to Lookonchain.
The post Hyperliquid (HYPE) Price: Institutions Are Loading Up — Can HYPE Break $75? appeared first on CoinCentral.

