The head of Bitwise believes that Hyperliquid is bigger than the cryptocurrency market

[ad_1]

I value Hyperliquid (HYPE) against the global capital market of 600 trillion dollars, compared to the digital currency market of only 3 trillion dollars. This is what Matt Hogan, head of the investment department at the Bitways company, confirmed about the rapid growth.

Hogan explained that the BHYP fund from Bitways, which is an immediate ETF fund for hyperliquefied currency, has raised 6 million dollars since it was listed on the New York Stock Exchange in mid-May. Describe this listing as the most powerful single-asset ETP launch in Bitcoin.

The investment manager of Bitways said that Hybriliquid is a code from the second generation

Hoghan mentioned that HYPE is different from previous exchange codes. where the platform directs almost all trading fees towards repurchase.

During an interview with Nate Gerasi on Friday, Hogan said that he believes that the matter will be followed before investors realize that this is a code from the second generation, and that it is a new version.

HYPE is trading near 68 dollars on Saturday, up 10% during 24 hours. It ranked 11th in terms of market value, according to data between crypto.

Subscribe to our YouTube channel To follow the leaders and the journalists provide expert analyses

Why is hyperliquid targeting 600 trillion assets?

عرّف حوغان هيبريليكويد as a financial technology application, not as a product related to currency operations الة العملات العرّف حوغان هيبريليكويد.

Hoghan said that this is not a digital transaction application, but rather a financial application that uses back-end currency services to create a new financial experience that is superior in many ways to the traditional system.

S&P 500 S&P 500 almost constant.

Hoghan said that already today, you know, about 50% of the trading volume is in non-assets, about 50%, this percentage will exceed 90% of the volume in the future.

continue to see competition and American receipts as open risks

إتفاده هوجان بمختر على الإبداعية. He mentioned the New York Stock Exchange, the Chicago Stock Exchange and the current financing competition protocols Get ready for the hyperliquid challenge.

Hojan said that the competition will be very strong for Hyperfluid in Al-Mustkun.

continue to deny American investors direct trading in the foreign exchange. he is doing BHYP ETF fund invest about 70% of the assets through private infrastructure.

The company also directs 10% of the management fees to the HYPE business, which is retained by the management.

[ad_2]

Source link