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.
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