Hyperliquid’s token is tanking as ETF investors flee, so why does Grayscale think it is massively undervalued?
https://cryptoslate.com/hyperliquids-token-is-tanking-as-etf-investors-are-fleeing-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 attracting about $280 million since inception. Nearly $27 million has […]
The post Hyperliquid’s token is tanking as ETF investors flee, so why does Grayscale think it is massively undervalued? (https://cryptoslate.com/hyperliquids-token-is-tanking-as-etf-investors-are-fleeing-so-why-does-grayscale-think-it-is-massively-undervalued/) appeared first on CryptoSlate (https://cryptoslate.com/).