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The Block (@TheBlockCo): THE BLOCK: JPMorgan analysts said Hyperliquid faces growing competition from regulated U.S. trading platforms and prediction market platforms.

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THE BLOCK: JPMorgan analysts said Hyperliquid faces growing competition from regulated U.S. trading platforms and prediction market platforms. They also noted Hyperliquid ETF inflows stalled in July and this month so far, after posting record inflows in May and June. $HYPE

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