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Crypto Intelligence Terminal

HYPE Soars 58% Weekly to New High: Grayscale and ETFs Make Waves

Coin Türk

HYPE reached a new peak of $62 with a 58% weekly increase.

HYPE reached a new peak of $62 with a 58% weekly increase. Grayscale accumulated 682,000 HYPE, while ETFs attracted $54 million in just seven days.

  • HYPE reached a new peak of $62 with a 58% weekly increase.
  • Grayscale purchased 682,000 HYPE.
  • Institutional investors quickly entered HYPE ETFs.

The rapid price increase of HYPE and institutional interest could strengthen the demand channel for investors, potentially impacting pricing.