Wu Blockchain (@WuBlockchain): Hyperliquid Treasury Vehicles Now Hold Nearly 9% of HYPE Float

Hyperliquid Treasury Vehicles Now Hold Nearly 9% of HYPE Float Hyperliquid-linked digital asset treasury companies (DATs) now hold close to 9% of HYPE’s circulating supply, a higher float-adjusted share than comparable treasury holdings in BTC, ETH, SOL, and BNB. The analyst noted HYPE is the only DAT asset in their dataset trading at a positive mNAV, which could make it easier for these vehicles to raise capital and continue absorbing supply. If an ETF is approved, new passive inflows would enter a tighter float with existing institutional positioning and ongoing treasury demand, which could support price. https://x.com/0xaletheia369/status/2051559521642832151?s=20