---
title: "HYPE surges by double digits as Hyperliquid ETFs attract $25.5M, driven by high demand exceeding token supply cut."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287213319.md"
description: "The cryptocurrency HYPE, issued by Hyperliquid, experienced a significant increase in value, with double-digit gains recorded in a single day. This surge was driven by high demand from exchange-traded funds (ETFs), which exceeded the token's supply reduction mechanism."
datetime: "2026-05-21T11:29:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287213319.md)
  - [en](https://longbridge.com/en/news/287213319.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287213319.md)
---

# HYPE surges by double digits as Hyperliquid ETFs attract $25.5M, driven by high demand exceeding token supply cut.

The cryptocurrency HYPE, issued by Hyperliquid, experienced a significant increase in value, with double-digit gains recorded in a single day. This surge was driven by high demand from exchange-traded funds (ETFs), which exceeded the token's supply reduction mechanism.

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