Hyperliquid: Hougan Spotlights Bitwise ETF with Geraci

Hyperliquid drew fresh advisor attention after Matt Hougan highlighted his exchange with Nate Geraci on the platform’s rise, regulatory backdrop and the Bitwise Hyperliquid ETF ($BHYP) allocation thesis. The discussion covered Hyperliquid HYPE token launch history and tokenomics alongside Bitwise Hyperliquid ETF regulatory and investment details, underscoring how the L1 perpetuals venue now competes directly with centralized venues. HYPE trades at $65.68 inside its Bollinger band, testing upper resistance at $65.78 while the 50-EMA at $58.9 and 200-EMA at $50.2 anchor the bullish structure; RSI at 64.95 remains neutral and the MACD golden cross continues to support continuation once any shallow retracement to the 50-EMA completes.