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🚨 UPDATE: Grayscale has submitted an amended filing for its #Hyperliquid ETF, appointing Anchorage Digital as the new custodian

News ✦ X (Twitter) ✦ YouTube
NEW: #Hyperliquid has launched support for canonical outcome markets connected to off-chain real-world events.


News ✦ X (Twitter) ✦ YouTube
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🚨 Arthur Hayes Dumps Entire $HYPE Position, HYPE Price Slides

BitMEX co-founder @CryptoHayes has exited his entire #Hyperliquid ($HYPE) position, selling 247,334 HYPE tokens worth roughly $18 million, along with his $NEAR holdings.

The move triggered an immediate market reaction, with the #HYPEPrice falling more than 4%.

Hayes attributed the decision to rising energy prices amid the Iran conflict, inventory restocking, and the potential impact of major AI IPOs expected in the coming months.

Despite his previously bullish stance on Hyperliquid, the crypto veteran now says it's "time to take profit," with further details set to be revealed in his upcoming essay, Reality Test.

🔗 Read more: https://coingape.com/arthur-hayes-sells-entire-hyperliquid-position-hype-price-drops-4/
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🚨 Coinbase Joins Binance in Launching SpaceX Pre-IPO Perpetual Futures

@Coinbase has unveiled #SpaceX pre-IPO perpetual futures, following a similar move by @Binance as competition heats up in the tokenized pre-IPO market.

The new $SPCX-PERP product allows traders to speculate on Elon Musk's aerospace giant, though Coinbase warned that pre-IPO markets carry elevated risks.

With #OKX, #Hyperliquid, #Bitget, and #CryptoCom also entering the space, pre-IPO trading is quickly emerging as crypto's next frontier.

🔗 Read more: https://coingape.com/coinbase-follows-binance-to-launch-elon-musks-spacex-pre-ipo-perps/
NOW: #Hyperliquid perpetuals are live on #NEAR, allowing users to deposit from 35+ chains and trade 50+ markets with up to 40x leverage.

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🚨 Bitwise Bets Big on #Hyperliquid

📉 Bitwise Invest has withdrawn its proposed #Bitcoin & #Ethereum ETF filing with the SEC amid intensifying competition and slowing flows into its existing $BITB and $ETHW funds.

Know More:https://coingape.com/bitwise-withdraws-bitcoin-ethereum-etf-amid-focus-on-hype/
🚨 LATEST: Multicoin Capital predicts
HYPE could rally over 400% to $319 by 2028, citing #Hyperliquid potential to evolve into an "everything exchange" and arguing the token remains significantly undervalued.

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🚨 Robinhood Chain Flips Hyperliquid in DEX Trading Volume

@RobinhoodApp Chain surpassed #Hyperliquid in 24-hour #DEX volume, climbing to fifth place with nearly $900M in weekly trading volume.

Read More:https://coingape.com/robinhood-chain-flips-hyperliquid-dex-volume-rwa-defi-cashcat-buzz/
🚨 #XRP FUTURES JUST FLIPPED THE SCRIPT?

#XRP futures open interest has surged to $4.1 billion, overtaking both #Hyperliquid and #Zcash.

🔗Know More:https://coingape.com/xrp-surpasses-hyperliquid-zcash-futures-open-interest-volume-cme-binance/