ETF analysts have been closely watching HYPE lately; it seems to have become a new favorite.

HYPE2.26%
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Wu learned that Bloomberg ETF analyst Eric Balchunas stated that the HYPE ETF THYP and BHYP trading volumes have surged again, totaling nearly 100 million USD, with both ETFs rising about 9% on the day. Since their launch on May 12, they have accumulated approximately 42% gains. James Seyffart added that as of yesterday, the total net inflow for both products since their launch has been about 53 million USD. At the same time, HYPE also hit a new all-time high yesterday.
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