https://blockchaining.org/tags/21shares/ Recent content in 21shares on Blockchaining.org Hugo en-us Sun, 07 Jun 2026 00:00:00 +0000 https://blockchaining.org/three-hype-etfs-in-a-month-wall-street-wraps-hyperliquid-while-crypto-bleeds/ Sun, 07 Jun 2026 00:00:00 +0000 https://blockchaining.org/three-hype-etfs-in-a-month-wall-street-wraps-hyperliquid-while-crypto-bleeds/ <p>The fastest-growing ETF category in crypto right now tracks a single token that most American investors cannot legally buy at the source. That contradiction is the entire trade.</p> <p>HYPE is the native token of Hyperliquid, a Layer 1 blockchain built around a fully onchain perpetual futures exchange. While Bitcoin sits roughly 40% below its all-time high, Ethereum has shed 60% of its peak, and Solana is off more than half, HYPE is up around 160% year to date, trading near $73 with a fully diluted valuation approaching $69 billion — larger than Nasdaq Inc. itself. The decoupling is not subtle, and it is not an accident.</p>