HYPE Price Holds Above $80 as ETF Inflows Climb

HYPE, a token associated with the Hyperliquid network, has maintained its price above $80 despite a recent slowdown in momentum. According to data from Bitget, HYPE is currently trading at $80.84, reflecting a 4.32% increase over the past 24 hours.

The token's price remains elevated due to ongoing activity levels across the Hyperliquid network and recent ETF net inflows. As reported by Hyperliquid Daily on September 11, HYPE-linked ETF products received a total of $356,560 in net inflows. Bitwise BHYP accounted for the majority of these positive flows, contributing $331,890.

While ETF inflows represent increased institutional and investor interest in HYPE, it's essential to note that they do not necessarily establish a direct causal link with price gains. The technical structure and market momentum also play a crucial role in determining the token's direction.