# HYPE Hits All-Time High Above $62 as ETF Flows Grow

*Author: David Christopher*
*Published: May 21, 2026*
*Source: https://www.bankless.com/read/news/hype-hits-all-time-high-above-62-as-etf-flows-grow*

---

HYPE hit a [new all-time high above $62](https://www.coingecko.com/en/coins/hyperliquid) today, driven by strong ETF inflows and accelerating institutional accumulation for perpetuals.

### **What's the Scoop?**
- **The ATH:** At one time, HYPE was up more than 20% on the day, breaking past its previous peak of about $59 set last September. It has since retreated to around $58 as of time of writing.
- **Record ETF Flows:** U.S. spot HYPE ETFs continued growing on Wednesday, [positing $25.8 million in inflows](https://sosovalue.com/assets/etf/us-hype-spot) and bringing cumulative inflows to roughly $54 million over the first seven trading days. 21Shares' THYP led with $16.65 million in daily inflows. Bitwise's BHYP added another $8.8 million.
- **Wall Street Appetite:** [In conversation with the Block](https://www.theblock.co/post/402203/hype-token-new-record-high-wall-street-demand-hyperliquid), Presto Research head of research Peter Chung noted that institutions appear to be accumulating HYPE ETFs faster than they did BTC ETFs on a market-cap-adjusted basis in the early days.