The Block reported that 21Shares' Hyperliquid (HYPE) ETF, THYP, saw a net inflow of $4.9 million on the 14th (local time). Trading volume also reached $8.1 million. Michael Freedman, Head of Capital Markets at 21Shares, explained that the inflow appears to have increased after Coinbase was designated as Hyperliquid's USDC treasury partner.