Hyperliquid’s token is tanking as ETF investors flee, so why does Grayscale think it is massively undervalued?

Investors are withdrawing money from Hyperliquid-linked exchange-traded funds for the first time since the products launched. Data from SoSoValue shows that the three funds have recorded more than $13 million in net outflows in July, putting them on course for their first negative month after attrac...
The post Hyperliquid’s token is tanking as ETF investors flee, so why does Grayscale think it is massively undervalued? appeared first on CryptoSlate.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at CryptoSlateSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News

Oracle expands AI offerings with access to Google’s Gemini models, intensifying the cloud AI arms race
The post Oracle expands AI offerings with access to Google’s Gemini models, intensifying the cloud AI arms race appeared first on Crypto...
XRP Warning: Why Ripple’s Price Could Plunge 23%

IRGC strikes US air base in Kuwait as Bitcoin slides toward $100K amid $700M in liquidations
The post IRGC strikes US air base in Kuwait as Bitcoin slides toward $100K amid $700M in liquidations appeared first on Crypto Briefing.
...

Central banks steer cautious hiking path, and crypto is feeling every basis point
The post Central banks steer cautious hiking path, and crypto is feeling every basis point appeared first on Crypto Briefing.
...

Anyscale to Merge with Nscale, Boosting AI Infrastructure

Anglo American eyes $1B sale of De Beers, a fraction of what the diamond giant once commanded
The post Anglo American eyes $1B sale of De Beers, a fraction of what the diamond giant once commanded appeared first on Crypto Briefing.
...
