Gray HYPG's first day alone attracted 4.7 million dollars, institutions are really fighting over the chips.

CoinWorld news: Grayscale’s Hyperliquid spot ETF (HYPG) officially launched on June 4, recording a net inflow of $4.7 million on its first day. On the same day, Hyperliquid ETFs overall reported total net inflows of $12.2 million, including $7.5 million for BHYP, $4.7 million contributed by HYPG, and THYP with inflows and outflows that were relatively balanced. Since this type of product launched, it has consistently maintained a net inflow trend; cumulative net inflows have reached $145 million, and institutions’ allocation demand continues. According to earlier reports, 21Shares launched THYP first on May 12, Bitwise followed on May 15 with BHYP, and Grayscale’s HYPG is among the more recent launches.