Grayscale Buys HYPE as Hyperliquid Token Hits New ATH Amidst Flat Bitcoin Market
Coindesk·May 21, 2026·3 sources
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Hyperliquid's HYPE token surged 16.5% to a new all-time high, bucking the trend of flat Bitcoin markets. Crypto ETF issuer Grayscale has purchased HYPE tokens.
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Live markets: Bitcoin's flat action continues as SpaceX IPO, Nvidia earnings capture news cycle.Hyperliquid's HYPE is the outlier in crypto, rising 16.5% over the past 24 hours to a new record high.
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