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📊 #Hyperliquid Treasury Vehicles Now Hold Nearly 9% of #HYPE Float
Hyperliquided digital asset treasury companies (DATs) now hold close to 9% of HYPE’s circulating supply, surpassing comparable treasury holdings in #BTC, #ETH, #SOL, and #BNB. #HYPE is the only DAT asset in the dataset #trading at a positive mNAV, potentially facilitating capital raises and supply absorption. An #ETF approval could lead to new passive inflows into a tighter float, supporting price amid existing institutional positioning and ongoing treasury demand. #etf
#cryptofactske
$SOL $BNB