Hyperliquid Expands into Traditional European Markets with Warsaw ETP Listing

Hyperliquid has expanded its reach into traditional European markets through a new exchange-traded product (ETP) listing on the Warsaw Stock Exchange. The Virtune Hyperliquid ETP, listed under ticker ETNVIRHYPE, gives investors exposure to HYPE through conventional securities accounts rather than crypto wallets.

The ETP is physically backed and denominated in Polish złoty, with an annual management fee of 0.95%. It first appeared on Deutsche Börse Xetra in April and later expanded to Nasdaq Stockholm and Nasdaq Helsinki before its Polish debut.

Poland's ETP market is expanding quickly, with Warsaw Stock Exchange board member Michał Kobza stating that turnover in ETF, ETC, and ETN products reached PLN 4.52 billion during the first eight months of 2026, an increase of 137% from the corresponding period last year.

Hyperliquid's perpetual futures trading volume stands at approximately $240 billion over the past 30 days, significantly ahead of other ecosystems such as Arbitrum and Solana.