Coinbase Launches HYPE Futures on June 8 as HYPE ETF Inflows Hit $91M

According to AMBCrypto, Coinbase Derivatives launched HYPE Futures on June 8, bringing Hyperliquid's native token into a regulated derivatives market for the first time. The launch expands access to leverage, hedging, and advanced trading strategies for institutional and retail participants.

Meanwhile, Bitwise's BHYP ETF has recorded cumulative inflows of $91.2 million since inception, though the fund saw its first meaningful outflow of $2.9 million on June 5 as some investors took profits near record highs. At the time of reporting, the fund had returned to positive territory with additional inflows.