All Posts

Bitwise Asset Management launched its Hyperliquid ETF on the New York Stock Exchange on May 15, giving U.S. investors a regulated route to Hyperliquid exposure without requiring direct token purchase, custody, or personal storage, according to its official release.

The fund trades under the ticker BHYP. Bitwise claimed the product is designed to provide an exchange-traded option for investors to gain easy access to Hyperliquid.

Also Read: SF Holding Launches Hong Kong Gold Vault Amid Bullion Market Expansion

Hyperliquid ETF Adds In-House Staking Feature

As per the report, the firm has approximately $11 billion in client assets under management. It described BHYP as one of the first spot Hyperliquid exchange-traded products available in the United States.

According to Bitwise, the Hyperliquid ETF also includes in-house staking. Bitwise Onchain Solutions will be holding some tokens to support the network and earn rewards for the fund, the company said.

Bitwise said the staking feature makes the product different from other crypto exchange-traded vehicles. Rewards might also be advantageous for the fund, but the total value will depend on token and network conditions.

However, the company warned that BHYP carries a high level of risk. It stated that there is significant risk of volatility and potential loss of invested capital in the fund.

Bitwise added that the Hyperliquid ETF is not regulated like traditional investment firms. The product does not provide the same protections associated with conventional ETFs or mutual funds, it added.

The warning placed risk disclosure near the center of the launch. Bitwise stated the arrangement should not be considered a typical regulated investment fund.

The firm reminded investors that past performance does not guarantee future results. It also advised that potential investors should consider the risks before taking any investment decision.

BHYP carries a sponsor fee of 0.34%. For the first $500 million in assets, Bitwise will waive the fee for the first month.

Hyperliquid ETF Expands Regulated Crypto Exposure

Bitwise Chief Investment Officer Matt Hougan said Hyperliquid gained attention during global tension in early 2026. He said traditional markets were closed then, and the traders were still using Hyperliquid to gauge price signals.

At the time, Hougan said big outlets such as Bloomberg cited Hyperliquid’s oil contract as a key reference. He also claimed that Hyperliquid was one of the most promising investment opportunities in cryptocurrencies.

The launch of the Hyperliquid ETF arrives as more crypto-related funds are being rolled out in regulated markets. This trend has introduced further blockchain exposure into products that traditional investors use.

Bitwise’s move also follows activity from 21Shares. The asset manager announced earlier this week that it had launched a Hyperliquid product called THYP on Nasdaq.

That product is expected to start trading this month. 21Shares also launched the 21Shares 2x Long HYPE ETF on April 30.

Hyperliquid ETF introduces BHYP into an emerging sub-category of cryptocurrency investment products. This also highlights how asset managers are structuring token exposure within regulated exchange-traded wrappers.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: THORChain Hack Drains $10M+ as RUNE Drops 10%: ZachXBT

TRON (TRX) confirmed a bullish reversal after reclaiming key resistance and maintaining strength above major moving averages. Analysts expect further upside momentum for TRX price, supported by strong technical indicators and growing institutional confidence as Tron Inc. continues expanding its TRX holdings. According to CoinMarketCap, TRX is trading at $0.3514 with signs of stability over the last 24 hours.

Source: CoinMarketCap 

TRX Price Eyes $0.38 After Weekly Bullish Reversal

Furthermore, the crypto analyst Alpha Crypto Signal highlighted that the TRX price has confirmed a strong bullish reversal after completing a clean W pattern on the weekly chart. 

The TRX price successfully reclaimed its key neckline resistance, turning it into support while continuing to trade above major moving averages. Analysts believe the breakout signals renewed market strength and growing momentum for further upside continuation.

Source: Alpha CryptoSignal’s X Post

With buyers maintaining control, the TRX price is showing signs of sustained bullish expansion on higher timeframes. Market momentum continues building as the asset holds firmly above its breakout zone, keeping the overall structure intact. 

If current conditions remain favorable, traders are increasingly targeting the $0.38 level as the next major upside objective.

Also Read: TRX Price Analysis Shows Breakout Above $0.336 Resistance

TRX Technical Outlook Points to Bullish Reversal

According to TradingView, the TRX price shows clear indications of a bullish trend, with the asset trading at $0.35165. It is trading well above the 20-, 50-, 100-, and 200-period EMAs, indicating sustained upward momentum. 

The EMAs are spread out in an ideal formation, which indicates that the current bullish trend is supported by consistent buying pressure.

Source: TradingView

The RSI stands at 67.51 and is moving into overbought territory while maintaining positive momentum. The TRX price has moved close to testing its resistance, and since there is no negative divergence, the trend seems to remain up. 

However, it is important to monitor whether the TRX price makes a mean reversion move to its $0.31662 EMA 20 level.

TRON Holdings Surge as Tron Inc. Buys More TRX

Apart from the price movements, Tron Inc. further expanded its crypto portfolio by purchasing an additional 141,323 TRON tokens for $0.3538 each. With this recent acquisition, the company now has a total of 696.1 million TRX in its portfolio. 

This is an indication that Tron has consistently shown its commitment to digital currencies and is one of the biggest institutional holders of TRX globally.

Source: TRONSCAN

It is evident that the company has a plan of expanding on the Tron Digital Asset Treasury model, where their objective is to enhance shareholder value through the impending blockchain revolution. 

The aggressive accumulation strategy employed by the company has been viewed as a result of increased institutional optimism towards the TRON platform and at the same time reflects the company’s move towards diversification of crypto treasuries.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TRON (TRX) Builds Strength Above $0.32 as Bulls Stay Active

Bittensor (TAO) shifted from panic selling to strong accumulation in a key support zone, triggering a sharp rebound. The TAO price now holds above major moving averages with neutral momentum indicators, suggesting consolidation. Derivatives’ positioning reflects a reset from bearish pressure to renewed bullish interest after the recovery. According to CoinMarketCap, TAO is trading at $300.05 with a daily gain of 1.56%.

Source: CoinMarketCap

Also Read: Bittensor Price Prediction: Can TAO Break $500 After Bullish Breakout?

TAO Price Accumulation Could Spark $3,000 Rally

Furthermore, the crypto analyst Crypto Patel pointed out that the TAO price faced heavy panic selling as traders rushed to exit positions amid fears of a breakdown and potential rug-pull narrative spreading across the market. 

While sentiment turned sharply bearish, one trader identified the $200–$250 range as a key accumulation zone for the TAO price, viewing the move as a structural opportunity rather than a market collapse or trend failure.

That conviction proved effective as the price rebounded strongly from key levels. The initial entry is now up about +133%, with a second re-entry around $230 delivering roughly +45% gains. 

The order block held firmly, validating the Smart Money Concepts approach, where liquidity zones and structure outweigh emotional trading decisions and short-term panic selling behavior.

Source: Crypto Patel’s X Post

Looking into the future, the TAO price sets out its strategy on the long-term path in terms of milestones, such as $725, $1,200, $2,000, and maybe even as high as $3,000. 

Despite the optimistic outlook, traders must approach the situation responsibly, taking profits wherever necessary and keeping themselves within their position limits. Volatility in crypto continues to be high.

QNT Shows Bullish Potential Above Key Moving Averages

According to TradingView, the TAO price drifts from its initial swing moves to form a more positive drift move. The price is trading at $299.46 while maintaining a strong posture above the important exponential moving averages. 

Given that the 20-day and 50-day EMAs align in a bullish pattern, the move can continue upwards as long as the TAO price price maintains above the $293 support level.

Source: TradingView

The relative strength index (RSI) comes in at 54.66, which shows a balanced attitude towards the asset, with lots of room left to grow. 

This means that the token is not overbought yet, and therefore, the current consolidation period should be seen as a temporary rest rather than a reversal. Above the $320 price level, the bullish trend is expected to resume its course.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TAO Price Could Sustains a Rally Above $320 Despite Falling Open Interest

Hyperliquid (HYPE) stays bullish in an ascending channel with price near resistance, while the HYPE price breakout is supported by aligned moving averages, though volatility is rising. Derivatives show strong participation as both open interest and trading activity increase, signaling sustained market interest and continued momentum. According to CoinMarketCap, HYPE is trading at $45.48 with a daily gain of 12.88%.

Source: CoinMarketCap

HYPE Derivative Data Support Upward Breakout

According to Coinglass, the HYPE open interest increased by 19.35%, reaching $1.94 billion, indicating stronger derivative positioning and sustained market participation. This rise reflects growing trader commitment and potential continuation of existing trends, with more capital allocated to outstanding contracts.

Source: Coinglass

Trading volume surged by 252.54%, reaching $4.43 billion, showing a sharp increase in market activity and liquidity. This reflects heightened short-term participation, stronger momentum, and increased investor engagement across the market, signaling sustained trading interest.

Also Read: HYPE Price Faces Pressure After Trendline Break: Is a Decline Coming?

HYPE Price Support Retest Could Fuel a Rally to $52

Furthermore, the crypto analyst Alpha Crypto Signal pointed out that the HYPE price is firmly entrenched in an upward trend that sees it travel along an upward-sloping channel characterized by rising peaks and troughs. 

The HYPE price is currently approaching the lower support line, which usually attracts new buyer interest. This area may prove to be another good buying opportunity if the trend continues.

Source: Alpha Crypto Signal’s X Post

As long as the support line does not weaken, the HYPE price will be able to return back towards the midpoint of the trading channel around $45 and then focus on breaking the upper channel barrier, which will lead to an even higher target at $52. Otherwise, a break below the lower channel line will change the picture completely.

HYPE Technicals Point to a Bullish Recovery

According to TradingView, the HYPE price has started a gradual recovery from its fast drop towards the $20.00 level in February. 

It has formed an evident uptrend, which develops along a strong ascending channel, where the HYPE price is supported by perfect consolidation of 20, 50, 100, and 200 EMA levels. This indicates that at the moment, buyers control the trend direction.

Source: TradingView

The HYPE is standing at $45.57 and approaching the upper level of the Bollinger Bands, along with the most recent swing high levels. The momentum remains healthy; however, the expanding Bollinger Bands indicate further volatility in the coming days. 

A breach of the level $47.00 would be indicative of further growth, whereas a failure to do so might result in consolidation around the support level $42.00.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Hyperliquid Expands USDC Support Through AQAv2 Upgrade

The THORChain hack may have stolen more than $10 million from the cross-chain trading protocol. The exploit hit assets across Bitcoin, Ethereum, BNB Chain, and Base. RUNE also fell more than 10% after traders quickly reacted to the latest breach.

The initial alert was reported by an on-chain investigator, ZachXBT. He noted suspicious behavior related to THORChain’s router infrastructure. As per his tracking, attackers transferred over $7.2 million in USDT, USDC, and wrapped Bitcoin over multiple networks.

Also Read: Ethereum Security Targets $1.5 Billion Hack Risk

THORChain Hack Losses May Exceed $10M

The funds were later swapped into ETH. ZachXBT first estimated losses above $7.4 million. He later updated the figure and said the total stolen amount from the THORChain hack may now exceed $10 million.

Blockchain security firm PeckShield also reported the attack. It estimated that attackers stole about 36.75 BTC, worth nearly $3 million. The firm also tracked another $7 million in assets from the Ethereum, BNB Chain, and Base ecosystems.

The suspicious wallets were tracked by Arkham Intelligence data. It tagged the addresses as “THORChain Exploiter” when moving funds. Arkham data revealed that one Bitcoin-linked wallet currently holds close to 36.85 BTC, worth around $3 million.

An additional wallet, also linked to the Ethereum address, held approximately 216 ETH. The majority of stolen assets are still linked to wallets bc1ql4…f6f37 and 0xd4…890Bd. Market participants monitored the THORChain hack as users awaited more clarity.

RUNE Drops After THORChain Exploit Reports

The market reaction was immediate. Within hours, RUNE had plunged by approximately 10% and was heading toward the $0.53 price range as per CoinMarketCap. Traders reduce exposure to the market on news of the exploit.

The absence of official communication in the immediate term heightened speculation. Earlier exploits have occurred on THORChain that were also mitigated using treasury reserves. However

The THORChain hack comes as DeFi faces broader security issues. Over 40 crypto protocols are closed as of 2026. Immunefi and DeFiLlama data show hackers stole more than $770 million so far this year.

The scale of the losses has become evident in April. Drift Protocol and KelpDAO together accounted for losses exceeding $600 million. April 2026 also saw the highest number of crypto hacks in history.

Also Read: Aave Liquidations Recover 90% After $293M Hack

SF Holding plans to launch a Hong Kong gold vault near the Hong Kong International Airport in October as the city expands its precious-metals infrastructure. The facility could store up to 100 tons of metals, supporting Hong Kong’s push to become a major global bullion trading, financing, and storage hub.

SF Holding Expands With Hong Kong Gold Vault

SF Holding, China’s largest express-delivery company, is preparing to open a Hong Kong gold vault as the city increases efforts to become a global precious-metals center.

Sources familiar with the matter said the Hong Kong gold vault is expected to begin operations in October inside SF’s complex near Hong Kong International Airport.

The planned facility will contain two sections. One area will offer safe-deposit boxes for valuable assets, while the second section will focus mainly on precious metals storage.

China’s Biggest Courier Is Set to Open Gold Vault in Hong Kong

The courier is planning to open the custodian vault within its complex near the airport in October, said people familiar with the matter. One section will comprise safe-deposit boxes for high-value assets, while the…

— Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) May 15, 2026

The Hong Kong gold vault is expected to hold between 50 and 100 tons of metals. People involved in the discussions said SF sees strong business opportunities in the growing storage market.

Rising demand from wealthy investors and government support for the bullion sector have encouraged the company to expand its commodities logistics operations. SF did not respond to requests for comment regarding the project.

Also Read: Bitcoin’s Viability: Dalio Backs 2025 Gold Warning

Hong Kong Gold Vault Supports Precious-Metals Push

Hong Kong has accelerated plans to strengthen its position in global bullion trading and storage. Authorities intend to launch a central clearing system for physical gold trading later this year.

Officials also aim to increase the city’s vaulting capacity to 2,000 tons within three years. The authorities have been asking the central banks to store the bullion in Hong Kong as a major component of their overall strategy to bring the commodities business from around the world to Hong Kong.

Meanwhile, the Hong Kong Stock Exchange is preparing to reintroduce bullion futures trading. The Hong Kong gold vaults project is seen as an indication of increased demand for secure storage facilities in Asian financial markets.

SF Expands Commodities Logistics Presence

SF offers experience in commodity markets. As a licensed logistics operator, it acts for the Shanghai Gold Exchange and assists jewelry stores and mines in China.

Also, SF works with one of the first depots recognized by the London Metal Exchange last year to store base metals such as copper.

However, SF is still not a member of the London Bullion Market Association, an accreditation that certain bullion merchants and banks insist on when choosing companies to move and store their bullion.

Also Read: Bitcoin Rises Toward $81,000 as Gold Ratio Signals $94,000 Breakout